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First Digital Group Ltd

Combination Announced · 1 SPAC · 0 closed · 1 announced

CSLM Digital Asset Acquisition Corp III, Ltd, trading on Nasdaq under the ticker KOYNU, is a blank-check company sponsored by CSLM and focused on the financial services sector, with a particular emphasis on digital assets. The company announced a definitive business combination agreement with First Digital Group Ltd on December 2, 2025. First Digital Group is a Hong Kong-headquartered digital asset financial services firm providing custodial and trust services to institutional clients. The announced transaction marks the third SPAC vehicle launched under the CSLM sponsor franchise in this space. Investors and analysts seeking full filing history, deal timelines, and peer comparables for KOYNU can sign up for complete access at SpacDesk.

Announced
2025-12-02
Expected Close
PIPE Raised
Industry
Financial Services

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
KOYNUCSLM Digital Asset Acquisition Corp III, LtdCombo Announced2025-12-02$230.0MCSLM Acquisition Sponsor II, Ltd