CSLM Digital Asset Acquisition plans to raise $200 million through a rights offering as part of its initial public offering strategy. The company will issue Class A common stock and warrants, with trading expected on the Nasdaq under the symbols "KOYN" and "KOYNW". CSLM aims to merge with a blockchain company, focusing on firms that utilize blockchain and distributed ledger technologies for infrastructure, custody solutions, exchanges, and decentralized finance applications.