Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 297

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 297
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 interest when determining whether the terms,           
 conditions and timing of a particular business combination are appropriate and in our shareholders’ best interest, which could             
 negatively impact the timing for a business combination.                                                                                   |

| ● | Our sponsor and members of our management team will directly or indirectly own our securities following                                    
 this offering, and accordingly, they may have a conflict of interest in determining whether a particular target business is an appropriate 
 business with which to effectuate our initial business combination, including the fact that they may lose their entire investment          
 in us if our initial business combination is not completed, except to the extent they receive liquidating distributions from assets        
 outside the trust account. Upon the closing of this offering, our sponsor will have invested in us an aggregate of $5,025,000, comprised   
 of the $25,000 purchase price for the founder shares (or approximately $0.003 per share) and the $5,000,000 purchase price for the         
 private units (or $10.00 per unit), assuming the underwriters do not exercise their over-allotment option. Accordingly, our management     
 team may be more willing to pursue a business combination with a riskier or less-established target business than would be the case        
 if our sponsor had paid the same per share price for the founder shares as our public shareholders paid for their public shares and        
 if our sponsor were required to pay cash to exercise the private units, as our sponsor and members of our management team would likely     
 not receive any financial benefit unless we consummated such business combination. These interests of our executive officers and           
 directors may affect the consideration paid, terms, conditions and timing relating to a business combination in a way that conflicts       
 with the interests of our public shareholders.                                                                                             |

| ● | Certain members of our management team may receive compensation upon consummation of our initial                                   
 business combination, and accordingly, they may have a conflict of interest in determining whether a particular target business is 
 an appropriate business with which to effectuate our initial business combination as such compensation will not be received unless 
 we consummate such business combination.                                                                                           |

| ● | Our officers and directors may have a conflict of interest with respect to evaluating a particular                                       
 business combination if the retention or resignation of any such officers and directors was included by a target business as a condition 
 to any agreement with respect to our initial business combination.                                                                       |

| ● | In the event our sponsor or members of our management team provide loans to us to finance transaction