Company: KOYNU
Filing Date: 2025-07-22
Form Type: S-1/A
Source: 0001829126-25-005283
Chunk: 355

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-22
Form: S-1/A
Chunk 355
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 requirements of Section 13 or 15(d) of the Exchange Act; |

| ● | the issuer of the securities has filed all Exchange Act reports and material required to be filed, as applicable, during the preceding 12 months (or such shorter period that the issuer was required to file such reports and materials), other than Current Reports on Form 8-K; and |

| ● | at least one year has elapsed from the time that the issuer filed current Form 10-type information with the SEC reflecting its status as an entity that is not a shell company. |

As a result, our Sponsor will be able to sell its founder shares and private units, as applicable, pursuant to Rule 144 without registration one year after we have completed our initial business combination.

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The below table summarizes the material terms of the restrictions described in the subsections above and whether and when our initial shareholders may sell securities purchased in connection with this offering:

| Stakeholder            |     | Market Standoff  
 Restrictions     |     | Shares Subject to Market                                                                                                                                                   
 Standoff Restrictions(1)                                                                                                                                                   |     | Market Standoff Period(2)                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Sponsor                |     | Letter Agreement |     | Founder shares                                                                                                                                                             |     | Subject to the exceptions described above, the earlier of (A) six months after the date of the consummation of our initial business combination or (B) the date on which we consummate a liquidation, merger, stock exchange or other similar transaction after our initial business combination which results in all of our shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property  |
|                        |     |                  |     | Private units                                                                                                                                                              |     | 30 days after the completion of our initial business combination                                                                                                                                                                                                                                                                                                                                                                             |
|                        |     |                  |     | Any units, warrants, ordinary shares or any other securities convertible into, or exercisable or exchangeable for, any units, ordinary shares, founder shares, or warrants |     | 180 days from the date of this prospectus                                                                                                                                                                                                                                                                                                                                                                                                    |
| Directors and officers |     | Letter Agreement |     | Founder shares                                                                                                                                                             |     | Subject to the exceptions described above, the earlier of (A) six months after the date of the consummation of our initial business combination, or (B) the date on which we consummate a liquidation, merger, stock exchange or other similar transaction after our initial business combination which results in all