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First Digital Plans to Go Public on Nasdaq Through a SPAC

2 reports2 sourcesupdated 12 days ago

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AI-assisted source synthesis · not an independent investigation.

On October 7, 2026, PYMNTS reported that First Digital plans to merge with CSLM Digital Asset Acquisition Corp III, go public on Nasdaq through a SPAC, raise funds for the expansion of Finance District, and promote the development of an agentic commerce ecosystem. On October 8, Fintech News Hong Kong further reported that First Digital had agreed to merge with CSLM Digital Asset Acquisition Corp III (KOYN), with plans to go public on Nasdaq at a valuation of $250 million. Earlier reports stated that the transaction was still in the planning stage, while subsequent reports stated that the parties had agreed to the merger and disclosed the proposed valuation.

AI-written from reports · updated 8 days ago

LatestOct 8 11:39
First Digital has reportedly agreed to merge with CSLM III and plans to go public on Nasdaq at a valuation of $250 million.

Timeline

Follow the reporting to see the different sides of the story.

Oct 8
  1. Fintech News Hong Kong
    First Digital plans to go public on Nasdaq via SPAC at a valuation of US$250 million

    First Digital has agreed to merge with CSLM Digital Asset Acquisition Corp III (KOYN), planning to go public on Nasdaq at a valuation of US$250 million.

Oct 7
  1. PYMNTS
    First Digital plans to list on Nasdaq via SPAC, expand agentic commerce

    First Digital plans to merge with CSLM Digital Asset Acquisition Corp III to list on Nasdaq via SPAC, raising funds for the expansion of Finance District and advancing the agentic commerce ecosystem.