For Q3 2025, the company reported net income of $91,073, a significant increase of 1,307% year-over-year. Operating income was a loss of $226,584, worsening by 2,904% compared to the prior year. Revenue was not reported.
•Net income of $91,073, up 1,307% YoY.
•Operating loss of $226,584, down 2,904% YoY.
•No revenue reported for the quarter.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
CSLM Digital Asset Acquisition Corp III does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Fort Lauderdale, Florida.
What does CSLM Digital Asset Acquisition Corp III, Ltd (KOYN) do?
CSLM Digital Asset Acquisition Corp III, Ltd, trading under the ticker KOYN, is a shell company in the financial services sector. As of its incorporation in 2024, it does not have significant operations. The company's primary purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. In essence, it is a special purpose acquisition company (SPAC) formed to identify and acquire a target company, after which it will cease to be a shell. Until such a transaction occurs, the company holds cash in trust and has no active business operations or revenue-generating activities.
On which stock exchange is KOYN listed and what currency is used?
CSLM Digital Asset Acquisition Corp III, Ltd is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol KOYN. The trading currency for its shares is the United States Dollar (USD). Being listed on Nasdaq provides the company with access to a broad base of institutional and retail investors, and it must comply with the exchange's listing standards, including reporting requirements and corporate governance rules. The use of USD facilitates transactions for investors in the United States and internationally, as the dollar is a widely accepted global reserve currency.
What sector and industry does KOYN belong to?
KOYN is classified under the Financial Services sector and specifically within the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets, often formed to raise capital through an initial public offering (IPO) with the intent of acquiring or merging with an existing private company. In the context of financial services, these entities are typically special purpose acquisition companies (SPACs) that serve as a vehicle for private companies to go public without undergoing a traditional IPO. The shell company industry is regulated and requires transparency regarding the search for a target business.
Where is CSLM Digital Asset Acquisition Corp III headquartered?
CSLM Digital Asset Acquisition Corp III, Ltd is headquartered in Fort Lauderdale, Florida, United States. The company was incorporated in 2024 and operates primarily in the United States. Being based in Florida places it in a region with a growing financial and technology ecosystem, though as a shell company, its physical location is less critical to its operations. The headquarters serves as the principal executive office for managing the search for a target business combination and for administrative functions. The company's focus on digital asset acquisition suggests it may target businesses in the digital asset or blockchain space, though no specific target has been announced.
How does KOYN make money or generate value?
CSLM Digital Asset Acquisition Corp III, Ltd does not currently generate revenue from operations, as it is a shell company with no significant business activities. Its value is derived from the cash held in trust from its initial public offering (IPO) and the potential future acquisition of a target company. The company's business model is to identify and complete a merger or acquisition with a private company, typically in the digital asset sector, thereby taking that company public. Once a business combination is completed, the combined entity will generate revenue from the target's operations. Until then, KOYN's primary financial activity is managing the trust funds and incurring expenses related to the search for a target.