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CSLM Digital Asset Acquisition Corp III, Ltd $200 Million Initial Public Offering
CSLM Digital Asset Acquisition Corp III, Ltd (KOYNU) | August 26, 2025
By Noah Edwards
CSLM Digital Asset Acquisition Corp III, Ltd announced the pricing of its IPO at $10.00 per unit.
The SPAC is led by Chairman and CFO Vik Mittal and CEO Charles T. Cassel III.
Their target focus is on businesses within Frontier Growth Markets in the digital asset and blockchain space.
Initial Public Offering
The IPO priced at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.
Focus Areas
The SPAC is targeting companies in new economy sectors within Frontier Growth Markets, emphasizing digital asset infrastructure and applications.
Underwriter
Cohen & Company Capital Markets is the sole book-running manager for the offering.
CSLM aims to leverage its management team's expertise to generate long-term value in emerging markets and digital assets.
The SPAC's target industries align with current trends in blockchain technology and global adoption of digital assets.
With a focus on new economy sectors and Frontier Growth Markets, CSLM's IPO marks an entry into high-growth markets for digital asset infrastructure development.
