Fusemachines, an IT company founded by Nepali entrepreneur Dr. Sameer Maske, has officially started trading on the prestigious Nasdaq Stock Exchange in the United States as of Thursday.
Specializing in artificial intelligence (AI), the company initiated trading under the name Fuse following a merger completed two years ago.
Dr. Maske, the company’s founder and CEO, expressed gratitude to the employees and all who motivated the team for their contributions to this historic milestone. He said,
Trading began at 9:30 AM New York time with the Nasdaq opening. Fuse currently employs 350 people, including 260 based in Nepal.
In a related announcement on Wednesday, Nasdaq confirmed that the partnership between CSLM Acquisition Company and Fusemachines Inc. had been finalized, allowing the company to begin trading on the Nasdaq capital market.
This listing marks a significant entry of a Nepali-founded company into the global market, opening new opportunities for investors worldwide. Dr. Maske has been appointed Chief Executive Officer (CEO), while Kristin Chambers will serve as Chief Financial Officer (CFO).
Following the merger, the board of directors will include Samir Maske, Bharat Kris, Tim Gocher, Sanjay Shrestha, and Salman Alam.
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