The name change is a procedural step toward the First Digital business combination. Monitor the separate proxy statement/prospectus for the business combination vote, which will include financial details and redemption mechanics.
Price Chart
Executive Summary
CSLM Digital Asset Acquisition Corp III (KOYN) is seeking shareholder approval to change its name to 'First Digital Acquisition Corp Ltd' and amend its governing documents, aligning its corporate identity with its proposed business combination target, First Digital Group Ltd. The meeting on November 10, 2026, also includes an adjournment proposal. The Sponsor, holding ~25.8% of shares, intends to vote in favor, making approval likely.
Key Facts
- Annual general meeting scheduled for November 10, 2026, to vote on name change to 'First Digital Acquisition Corp Ltd' and related charter amendment.
- Name change is to align with First Digital Group Ltd, the target of the proposed initial business combination (definitive agreement signed October 6, 2026).
- Sponsor (CSLM Acquisition Sponsor II, Ltd) beneficially owns ~25.8% of outstanding ordinary shares and intends to vote FOR all proposals.
- Name change requires a 2/3 majority special resolution; Sponsor's support makes passage highly probable.
- No directors are being elected; no shareholder proposals or executive compensation details are presented.
- Shareholders retain redemption rights for the future business combination vote, not this name change vote.
Financial Impact
No financial impact from the name change itself; the trust account holds $230,000,000 from the IPO, unchanged by this vote.
Risk Factors
- If the name change fails, the business combination branding alignment is delayed, but the deal itself is unaffected.
- No redemption rights are triggered by this vote, so public shareholders cannot exit at trust value here.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| DEF 14A Filing (Primary) | 0001829126-26-011321 |
| Document: 0001829126-26-011321-index-headers.html | 0001829126-26-011321 |
| Document: 0001829126-26-011321-index.html | 0001829126-26-011321 |
| Document: 0001829126-26-011321.txt | 0001829126-26-011321 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | DEF 14A | $10.24 | awaiting T+5 | — | $10.26 (+0.15%) |
Oct 19, 2026 7d ago | 425 | $10.24 | awaiting T+5 | — | $10.26 (+0.15%) |
Oct 7, 2026 19d ago | 425 | $10.26 $10.26 | ▼ −0.05% | ▲ +0.23% | $10.26 (−0.05%) |
Oct 6, 2026 20d ago | 425 | $10.26 $10.26 | · 0.00% | ▲ +0.98% | $10.26 (−0.05%) |
Oct 6, 2026 20d ago | 425 | $10.26 $10.26 | · 0.00% | ▲ +0.98% | $10.26 (−0.05%) |
Oct 6, 2026 20d ago | 8-K | $10.26 $10.26 | · 0.00% | ▲ +0.98% | $10.26 (−0.05%) |
Jun 24, 2026 17w ago | 425 | $10.13 $10.15 | ▲ +0.20% | ▼ −1.36% | $10.26 (+1.23%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers