WASHINGTON D.C.: Fusemachines, a technology company founded by Nepali entrepreneur Dr. Sameer Maskey, has officially commenced trading on the prestigious Nasdaq Stock Exchange in the United States. The company, which specializes in artificial intelligence (AI), began trading under the ticker name FUSE following a merger completed two years ago.
Dr. Maskey, who also serves as the company’s Chief Executive Officer, expressed deep gratitude to the team members and supporters who made the milestone possible. “The innovative ideas and determination that took us from a small team to this stage will continue to guide our growth in the future,” he said, adding, “Being listed on a platform that hosts some of the world’s leading financial instruments is truly a remarkable achievement.”
Fusemachines officially began trading at 9:30 AM New York time on Thursday. The company currently employs around 350 people, with approximately 260 based in Nepal.
In a related announcement, Nasdaq confirmed on Wednesday that the merger between CSLM Acquisition Company and Fusemachines Inc. had been finalized, paving the way for trading to commence on the Nasdaq Capital Market.
The listing marks a significant milestone for Nepal’s growing tech ecosystem, as Fusemachines becomes one of the first Nepali-founded companies to debut on a major global stock exchange.
Following the merger, Dr. Samir Maskey has taken on the role of Chief Executive Officer, while Kristin Chambers serves as Chief Financial Officer. The board of directors comprises Dr. Maskey, Bharat Kris, Tim Gocher, Sanjay Shrestha, and Salman Alam.
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