Washington D.C. (USA): Fusemachines, an artificial intelligence (AI) company founded by Nepali entrepreneur Dr. Sameer Maskey, has officially commenced trading on the Nasdaq Stock Exchange in the United States as of Thursday.
The company, trading under the name Fuse, marks a significant milestone as one of the first Nepali-founded tech companies to be listed on a major global stock exchange. The listing follows a merger with CSLM Acquisition Company, finalized earlier this week, paving the way for Fusemachines to trade on the Nasdaq Capital Market.
Expressing his gratitude, Dr. Maskey, who serves as the company’s Chief Executive Officer, said, “The innovative ideas and determination that brought us from a small team to this milestone will continue to drive our future growth. Being listed and traded on one of the world’s leading financial platforms is a remarkable achievement.”
Trading began at 9:30 a.m. New York time on Thursday. Fusemachines currently employs around 350 people, including 260 based in Nepal, reflecting the company’s strong Nepali roots and global presence.
The newly formed board of directors includes Dr. Sameer Maskey, Bharat Kris, Tim Gocher, Sanjay Shrestha, and Salman Alam, with Kristin Chambers serving as the Chief Financial Officer.
The listing of Fusemachines on Nasdaq marks a proud moment for Nepal’s growing tech community, symbolizing the country’s expanding footprint in global innovation and entrepreneurship.
(RSS)
