Wealthspring Capital LLC Makes New $6.03 Million Investment in CSLM Digital Asset Acquisition Corp III, Ltd $KOYN

Wealthspring Capital LLC acquired a new position in shares of CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYN) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 605,690 shares of the company’s stock, valued at approximately $6,027,000. CSLM Digital Asset Acquisition Corp III makes up approximately 1.5% of Wealthspring Capital LLC’s portfolio, making the stock its 25th biggest holding.

Separately, Wolverine Asset Management LLC bought a new stake in shares of CSLM Digital Asset Acquisition Corp III during the fourth quarter worth $3,060,000.

CSLM Digital Asset Acquisition Corp III Trading Down 0.1%

Shares of KOYN opened at $10.11 on Thursday. CSLM Digital Asset Acquisition Corp III, Ltd has a 1 year low of $9.85 and a 1 year high of $10.12. The stock’s 50-day moving average is $10.06.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on KOYN. Weiss Ratings began coverage on CSLM Digital Asset Acquisition Corp III in a report on Monday, January 26th. They set a “sell (e)” rating on the stock. Wall Street Zen upgraded CSLM Digital Asset Acquisition Corp III to a “hold” rating in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average 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.