Glazer Capital LLC Trims Stake in CSLM Acquisition Corp. (NASDAQ:CSLM)

Glazer Capital LLC cut its holdings in shares of CSLM Acquisition Corp. (NASDAQ:CSLM) by 13.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 94,322 shares of the company’s stock after selling 14,422 shares during the quarter. Glazer Capital LLC owned about 0.99% of CSLM Acquisition worth $1,060,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Spartan Fund Management Inc. boosted 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 buying an additional 8,508 shares during the period. Berkley W R Corp acquired a new position in shares of CSLM Acquisition in the 4th quarter worth approximately $3,329,000. Periscope Capital Inc. boosted its position in shares of CSLM Acquisition by 0.6% during the 1st 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 during the period. Finally, Mizuho Securities USA LLC boosted its position in shares of CSLM Acquisition by 11.4% during the 1st quarter. Mizuho Securities USA LLC now owns 355,494 shares of the company’s stock worth $3,893,000 after purchasing an additional 36,379 shares during the period. 46.80% of the stock is owned by institutional investors and hedge funds.

CSLM Acquisition Price Performance

Shares of NASDAQ CSLM opened at $11.39 on Tuesday. The business’s 50 day moving average is $11.30 and its two-hundred day moving average is $11.19. CSLM Acquisition Corp. has a 52-week low of $10.65 and a 52-week 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.