Virtu Financial LLC Grows Holdings in CSLM Digital Asset Acquisition Corp III, Ltd $KOYN

Virtu Financial LLC grew its position in CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYN) by 469.6% in the fourth quarter, HoldingsChannel reports. The fund owned 122,326 shares of the company’s stock after acquiring an additional 100,852 shares during the quarter. Virtu Financial LLC’s holdings in CSLM Digital Asset Acquisition Corp III were worth $1,217,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Arax Advisory Partners acquired a new stake in shares of CSLM Digital Asset Acquisition Corp III during the 4th quarter valued at about $29,000. Geode Capital Management LLC acquired a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter worth about $134,000. Boothbay Fund Management LLC acquired a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter worth about $249,000. ABC Arbitrage SA purchased a new position in CSLM Digital Asset Acquisition Corp III during the fourth quarter worth approximately $398,000. Finally, DLD Asset Management LP purchased a new position in CSLM Digital Asset Acquisition Corp III during the fourth quarter worth approximately $398,000.

CSLM Digital Asset Acquisition Corp III Price Performance

NASDAQ:KOYN opened at $10.13 on Friday. CSLM Digital Asset Acquisition Corp III, Ltd has a fifty-two week low of $9.85 and a fifty-two week high of $10.14. The business’s fifty day moving average is $10.11.

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

Wall Street Analysts Forecast Growth

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

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.