PANews, August 27 - According to Globenewswire, the special purpose acquisition company CSLM Digital Asset Acquisition announced that it will issue Class A common stock and warrants and raise $200 million through an IPO. The related stocks are expected to trade on the Nasdaq under the codes "KOYN" and "KOYNW". The company stated that it will seek to strategically leverage businesses that utilize Blockchain and Distributed Ledger technology for mergers and public listings, including the infrastructure for building Wallets, custody solutions, exchanges, data protocols, and tokenization financial instruments, as well as companies that develop applications for payments, Decentralized Finance, and cross-border finance.
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CSLM Digital Asset plans to raise $200 million through a share placement and seeks to merge with a blockchain company for a public listing.
PANews, August 27 - According to Globenewswire, the special purpose acquisition company CSLM Digital Asset Acquisition announced that it will issue Class A common stock and warrants and raise $200 million through an IPO. The related stocks are expected to trade on the Nasdaq under the codes "KOYN" and "KOYNW". The company stated that it will seek to strategically leverage businesses that utilize Blockchain and Distributed Ledger technology for mergers and public listings, including the infrastructure for building Wallets, custody solutions, exchanges, data protocols, and tokenization financial instruments, as well as companies that develop applications for payments, Decentralized Finance, and cross-border finance.