Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 378

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 378
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 these stabilization transactions
or that any transaction, once commenced, will not be discontinued without notice.

Determination of Offering Price

Prior to this offering,
there was no public market for our units. The initial public offering price will be determined by negotiation between us and the underwriter.
The principal factors to be considered in determining the initial public offering price include:

| ● | the information set forth in this                      
 prospectus and otherwise available to the underwriter; |

| ● | our history and prospects and the                           
 history and prospects for the industry in which we compete; |

| ● | our past and present financial performance; |

| ● | our prospects for future earnings         
 and the present state of our development; |

| ● | the general condition of the securities 
 market at the time of this offering;    |

| ● | the recent market prices of, and demand                           
 for, publicly traded units of generally comparable companies; and |

| ● | other factors deemed relevant by the 
 underwriter and us.                  |

The estimated public offering
price range set forth on the cover page of this preliminary prospectus is subject to change as a result of market conditions and other
factors. Neither we nor the underwriter can assure investors that an active trading market will develop for our units, warrants or Class
A ordinary shares or that the units will trade in the public market at or above the initial public offering price.

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Affiliations

The underwriter and its affiliates
are full service financial institutions engaged in various activities, which may include securities trading, commercial and investment
banking, financial advisory, investment management, investment research, principal investment, hedging, financing and brokerage activities.
The underwriter and its affiliates may from time to time in the future engage with us and perform services for us or in the ordinary
course of their business for which they will receive customary fees and expenses. In the ordinary course of their various business activities,
the underwriter and its affiliates may make or hold a broad array of investments and actively trade debt and equity securities (or related
derivative securities) and financial instruments (including bank loans) for their own account and for the accounts of their customers,
and such investment and securities activities may involve securities and/or instruments of us. The underwriter and its affiliates may
also make investment recommendations and/or publish or express independent research views in respect of these securities or instruments
and may at any time hold, or recommend to clients that they acquire, long and/or short positions in