K2 Principal Fund L.P. Takes $1.17 Million Position in CSLM Acquisition Corp. (NASDAQ:CSLM)

K2 Principal Fund L.P. purchased a new stake in CSLM Acquisition Corp. (NASDAQ:CSLM) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 104,281 shares of the company’s stock, valued at approximately $1,172,000. K2 Principal Fund L.P. owned approximately 1.10% of CSLM Acquisition at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Berkley W R Corp purchased a new stake in CSLM Acquisition during the 4th quarter valued at about $3,329,000. Spartan Fund Management Inc. lifted its stake in CSLM Acquisition by 72.4% during the second quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company’s stock worth $228,000 after purchasing an additional 8,508 shares in the last quarter. Periscope Capital Inc. lifted its stake in CSLM Acquisition by 0.6% during the first quarter. Periscope Capital Inc. now owns 352,132 shares of the company’s stock worth $3,888,000 after purchasing an additional 2,236 shares in the last quarter. Finally, Mizuho Securities USA LLC boosted its position in shares of CSLM Acquisition by 11.4% during 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 period. 46.80% of the stock is currently owned by institutional investors and hedge funds.

CSLM Acquisition Stock Performance

CSLM stock opened at $11.39 on Tuesday. The business’s fifty day moving average price is $11.30 and its 200 day moving average price is $11.19. CSLM Acquisition Corp. has a 12-month low of $10.65 and a 12-month high of $12.42.

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.