Healthcare of Ontario Pension Plan Trust Fund Sells 50,000 Shares of CSLM Digital Asset Acquisition Corp III, Ltd $KOYN

Healthcare of Ontario Pension Plan Trust Fund reduced its stake in shares of CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYN) by 7.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 600,000 shares of the company’s stock after selling 50,000 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in CSLM Digital Asset Acquisition Corp III were worth $6,024,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Wolverine Asset Management LLC purchased a new stake in shares of CSLM Digital Asset Acquisition Corp III during the fourth quarter valued at about $3,060,000. Periscope Capital Inc. purchased a new position in shares of CSLM Digital Asset Acquisition Corp III in the 4th quarter worth approximately $4,128,000. Context Capital Management LLC bought a new position in shares of CSLM Digital Asset Acquisition Corp III during the 4th quarter worth approximately $3,482,000. Virtu Financial LLC lifted its position in CSLM Digital Asset Acquisition Corp III by 469.6% during the fourth quarter. Virtu Financial LLC now owns 122,326 shares of the company’s stock valued at $1,217,000 after acquiring an additional 100,852 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in CSLM Digital Asset Acquisition Corp III in the fourth quarter valued at approximately $2,985,000.

CSLM Digital Asset Acquisition Corp III Stock Performance

Shares of NASDAQ:KOYN opened at $10.17 on Thursday. CSLM Digital Asset Acquisition Corp III, Ltd has a twelve month low of $9.85 and a twelve month high of $10.20. The stock has a 50 day simple moving average of $10.14.

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

Wall Street Analyst Weigh In

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