CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYNU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “KOYNU”, Wednesday, August 27, 2025.
The new SPAC aims combine with a company that is providing core infrastructure to digital asset exchanges, preferably in an emerging or frontier market.
CSLM Digital Asset Acquisition Corp III is led by Chairman and Chief Financial Officer Vik Mittal and Chief Executive Officer Charles T. Cassel III. Jonathan Binder, Christopher Bradley, Brian Rudick, Mathew August, Danel Calvillo Armendariz, and Dr. Jim Kyung-Soo Liew will serve on its Board.
Total SPAC deal count for 2025 year-to-date is now 83. This offering is expected to close on Thursday, August 28, 2025.
Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC is acting as sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with DLA Piper LLP serving as Underwriter’s Counsel. Elliot Davis PLLC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
