Logan Stone Capital LLC Invests $1.57 Million in CSLM Acquisition Corp. (NASDAQ:CSLM)

Logan Stone Capital LLC bought a new stake in shares of CSLM Acquisition Corp. (NASDAQ:CSLM - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 139,761 shares of the company's stock, valued at approximately $1,571,000. Logan Stone Capital LLC owned about 1.47% of CSLM Acquisition as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CSLM. Berkley W R Corp raised its holdings in shares of CSLM Acquisition by 127.8% in the first quarter. Berkley W R Corp now owns 696,357 shares of the company's stock worth $7,688,000 after buying an additional 390,677 shares during the last quarter. K2 Principal Fund L.P. purchased a new position in shares of CSLM Acquisition in the second quarter worth $1,172,000. Mizuho Securities USA LLC raised its holdings in shares of CSLM Acquisition by 11.4% in the first quarter. Mizuho Securities USA LLC now owns 355,494 shares of the company's stock worth $3,893,000 after buying an additional 36,379 shares during the last quarter. Spartan Fund Management Inc. raised its holdings in shares of CSLM Acquisition by 72.4% in the second quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company's stock worth $228,000 after buying an additional 8,508 shares during the last quarter. Finally, Periscope Capital Inc. raised its holdings in shares of CSLM Acquisition by 0.6% in the first quarter. Periscope Capital Inc. now owns 352,132 shares of the company's stock worth $3,888,000 after buying an additional 2,236 shares during the last quarter. Hedge funds and other institutional investors own 46.80% of the company's stock.

CSLM Acquisition Trading Up 0.5 %

Shares of NASDAQ CSLM traded up $0.06 during midday trading on Friday, reaching $11.40. The company had a trading volume of 1,105 shares, compared to its average volume of 36,773. CSLM Acquisition Corp. has a 1 year low of $10.69 and a 1 year high of $12.42. The business's 50-day simple moving average is $11.31 and its 200 day simple moving average is $11.20.

CSLM Acquisition 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.