Appleby is pleased to announce that it acted as Cayman Islands legal counsel CSLM Digital Asset Acquisition Corp III, Ltd., in its entry into a definitive business combination agreement with First Digital Group Limited.
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The proposed transaction values First Digital at $250 million on a pre-money equity basis; on closing, the post-combined company is expected to become a Nasdaq-listed company.
The Appleby Mergers & Acquisitions team was led by Cayman Islands Partner Alexandra Low, and alongside other members of the corporate team.
Appleby continues to play a leading role in cross-border M&A and public market transactions worldwide.







