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 lowered its position in CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYN) by 7.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Arax Advisory Partners purchased a new stake in CSLM Digital Asset Acquisition Corp III in the 4th quarter worth about $29,000. Geode Capital Management LLC bought a new position in shares of CSLM Digital Asset Acquisition Corp III during the fourth quarter valued at approximately $134,000. Boothbay Fund Management LLC purchased a new stake in shares of CSLM Digital Asset Acquisition Corp III in the fourth quarter worth approximately $249,000. ABC Arbitrage SA bought a new stake in shares of CSLM Digital Asset Acquisition Corp III during the 4th quarter worth approximately $398,000. Finally, DLD Asset Management LP purchased a new position in CSLM Digital Asset Acquisition Corp III during the 4th quarter valued at $398,000.

CSLM Digital Asset Acquisition Corp III Stock Down 0.1%

NASDAQ:KOYN opened at $10.17 on Thursday. CSLM Digital Asset Acquisition Corp III, Ltd has a 1-year low of $9.85 and a 1-year high of $10.20. The business has a 50-day simple moving average of $10.14.

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

Analyst Upgrades and Downgrades

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