Wall Street Zen upgraded shares of CSLM Digital Asset Acquisition Corp III (NASDAQ:KOYN – Free Report) to a hold rating in a research note released on Tuesday morning.
CSLM Digital Asset Acquisition Corp III Stock Down 0.1%
Shares of NASDAQ KOYN opened at $10.01 on Tuesday. CSLM Digital Asset Acquisition Corp III has a 1 year low of $9.85 and a 1 year high of $10.08.
CSLM Digital Asset Acquisition Corp III Company 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.
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