CSLM Digital Asset Acquisition Corp III (NASDAQ:KOYN) Upgraded by Wall Street Zen to Hold Rating

CSLM Digital Asset Acquisition Corp III (NASDAQ:KOYN) was upgraded by Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Tuesday.

CSLM Digital Asset Acquisition Corp III Stock Up ∞

KOYN traded up $10.02 during midday trading on Tuesday, hitting $10.02. The stock had a trading volume of 3,714 shares, compared to its average volume of 168,974. 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.