Polar Asset Management Partners Inc. Sells 150,000 Shares of CSLM Acquisition Corp. (NASDAQ:CSLM)

Polar Asset Management Partners Inc. lessened its holdings in CSLM Acquisition Corp. (NASDAQ:CSLM - Free Report) by 75.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,000 shares of the company's stock after selling 150,000 shares during the period. Polar Asset Management Partners Inc. owned about 0.53% of CSLM Acquisition worth $570,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Spartan Fund Management Inc. increased its stake in CSLM Acquisition by 72.4% in the 2nd quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company's stock valued at $228,000 after buying an additional 8,508 shares during the last quarter. K2 Principal Fund L.P. purchased a new stake in CSLM Acquisition in the 2nd quarter valued at about $1,172,000. Finally, Logan Stone Capital LLC purchased a new stake in CSLM Acquisition in the 2nd quarter valued at about $1,571,000. Institutional investors and hedge funds own 46.80% of the company's stock.

CSLM Acquisition Stock Performance

NASDAQ:CSLM remained flat at $11.35 on Friday. 2 shares of the company's stock traded hands, compared to its average volume of 5. CSLM Acquisition Corp. has a 52-week low of $10.79 and a 52-week high of $12.42. The firm's 50-day simple moving average is $11.31 and its two-hundred day simple moving average is $11.28.

CSLM Acquisition Company Profile

CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.