Welcome to our dedicated page for Cslm Digita Asset Acq Iii news (Ticker: KOYN), a resource for investors and traders seeking the latest updates and insights on Cslm Digita Asset Acq Iii stock.
CSLM Digital Asset Acquisition Corp III, Ltd (Nasdaq: KOYN) is a Cayman Islands–incorporated special purpose acquisition company focused on effecting a business combination in the digital asset and broader new economy sectors. This news page aggregates press releases, market announcements, and SEC-related disclosures concerning KOYN and its activities as a blank check company.
Readers can find coverage of key corporate milestones, including the company’s initial public offering of units on the Nasdaq Global Market and subsequent developments related to its search for a suitable merger or acquisition target. News items highlight its stated focus on technology, financial services, and media businesses in Frontier Growth Markets, particularly those building digital asset infrastructure such as wallets, custody solutions, exchanges, data protocols, tokenized financial instruments, and applications in payments, DeFi, and cross-border finance.
One notable theme in recent disclosures is the non-binding letter of intent between CSLM Digital Asset Acquisition Corp III and First Digital Group Ltd., a stablecoin and digital asset infrastructure provider described as the group behind the FDUSD stablecoin. Articles and filings related to this proposed business combination discuss the potential creation of a combined company that could be publicly listed on a U.S. national securities exchange, while emphasizing that there is no assurance a definitive agreement will be executed or that any transaction will be completed.
By following KOYN news, investors and observers can monitor updates on potential business combination negotiations, changes in executive leadership and consulting arrangements, and other material events reported via Form 8-K and company press releases. This page offers a centralized view of KOYN-related developments for those tracking its progress in the SPAC and digital asset landscape.
Summary not available.
CSLM Digital Asset Acquisition Corp III (NASDAQ:KOYNU) has successfully completed its initial public offering, raising $230 million through the sale of 23 million units at $10.00 per unit, including the full exercise of the underwriters' over-allotment option.
Each unit comprises one Class A ordinary share and one-half redeemable warrant, with whole warrants exercisable at $11.50 per share. The units trade under "KOYNU," while the Class A shares and warrants will separately trade as "KOYN" and "KOYNW" respectively.
Led by Chairman and CFO Vik Mittal and CEO Charles T. Cassel III, the SPAC targets businesses in the digital asset space, focusing on blockchain infrastructure and distributed ledger technologies within Frontier Growth Markets.
CSLM Digital Asset Acquisition Corp III (NASDAQ:KOYNU) has announced the pricing of its $200 million initial public offering, offering 20 million units at $10.00 per unit. Each unit comprises one Class A ordinary share and one-half of one redeemable warrant, with whole warrants exercisable at $11.50 per share.
Trading will commence on Nasdaq under "KOYNU" on August 27, 2025, with Class A shares and warrants later trading separately under "KOYN" and "KOYNW". The SPAC, led by Chairman Vik Mittal and CEO Charles T. Cassel III, targets businesses in the digital asset space, focusing on blockchain infrastructure and new economy sectors in Frontier Growth Markets.
Cohen & Company Capital Markets serves as the sole book-runner, with a 45-day option to purchase up to 3 million additional units to cover over-allotments. The offering is expected to close on August 28, 2025.
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