CSLM Digital Asset Acquisition Corp III Units

KOYNU

Valor de mercado US$ 214 mi

First Digital, the group behind FDUSD, which has recorded more than $4 trillion in cumulative trading volume, has entered into a definitive business combination agreement with CSLM Digital Asset Acquisition Corp III valuing First Digital at $250 million on a pre-money equity basis; on closing, the post-combined company is expected to become a Nasdaq-listed company First Digital, the group behind FDUSD, which has recorded more than $4 trillion in cumulative trading volume, has entered into a definitive business combination agreement with CSLM Digital Asset Acquisition Corp III valuing First Digital at $250 million on a pre-money equity basis; on closing, the post-combined company is expected to become a Nasdaq-listed company

Four small issuers and two SPACs priced offerings in the past week, and a few names joined the pipeline. The largest deals of the week came from the pair of blank check IPOs. There are no IPOs currently scheduled for the short Labor Day week ahead, though we expect to see the first wave of September launches.

FT. LAUDERDALE, Fla., Aug. 28, 2025 (GLOBE NEWSWIRE) -- CSLM Digital Asset Acquisition Corp III, Ltd (the “Company”) (Nasdaq: KOYNU), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the closing of its initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option, at an offering price of $10.00 per unit, resulting in gross proceeds of $230,000,000.