Lineage Point Capital LP Makes New $498,000 Investment in CSLM Digital Asset Acquisition Corp III, Ltd $KOYN

Lineage Point Capital LP acquired a new stake in CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 50,000 shares of the company’s stock, valued at approximately $498,000.

A number of other institutional investors have also made changes to their positions in KOYN. Wolverine Asset Management LLC acquired a new stake in CSLM Digital Asset Acquisition Corp III during the 4th quarter valued at $3,060,000. ABC Arbitrage SA acquired a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter worth $398,000. Wealthspring Capital LLC purchased a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter valued at about $6,027,000. Geode Capital Management LLC purchased a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter valued at about $134,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of CSLM Digital Asset Acquisition Corp III during the fourth quarter valued at about $2,985,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded CSLM Digital Asset Acquisition Corp III from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

CSLM Digital Asset Acquisition Corp III Price Performance

KOYN stock opened at $10.13 on Friday. The stock’s 50 day moving average is $10.11. CSLM Digital Asset Acquisition Corp III, Ltd has a twelve month low of $9.85 and a twelve month high of $10.14.

CSLM Digital Asset Acquisition Corp III (NASDAQ:KOYN) last posted its quarterly earnings results on Thursday, March 19th. The company reported ($1.09) earnings per share (EPS) for the quarter.

CSLM Digital Asset Acquisition Corp III Profile

CSLM Digital Asset Acquisition Corp III (NASDAQ: KOYN) is a publicly traded special purpose acquisition company (SPAC) formed to identify, acquire and combine with one or more businesses in the digital asset and blockchain-related sectors. As a blank‑check vehicle, the company’s primary activity is to raise capital through its initial public offering and hold those proceeds in trust while it pursues a business combination that would result in an operating company focused on digital assets, crypto infrastructure, or related financial technology services.

Prior to completing a business combination, CSLM Digital Asset Acquisition Corp III does not operate a commercial business; its operations are limited to searching for suitable targets, conducting due diligence, negotiating transaction terms and preparing for a potential merger or acquisition.