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Appleby says it advised CSLM III on its First Digital combination agreement
Appleby said it acted as Cayman Islands counsel to CSLM Digital Asset Acquisition Corp III on its definitive business combination agreement with First Digital Group. The firm said its corporate team supported the acquisition company on the proposed transaction involving the digital asset business.
Key points
- Appleby said the agreement assigned First Digital a $250 million pre-money equity value.Appleby
- The firm said the combined company was expected to be listed on Nasdaq.Appleby
- Appleby identified Alexandra Low as the partner leading its team.Appleby
- The firm described CSLM III as a special purpose acquisition company.Appleby