Company: KOYNU
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001829126-25-009093
Chunk: 22

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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 loss that also is reported on the statement of operations as net income or loss. The measure of segment assets is reported on the balance sheet as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total assets, which include the following:

    Schedule of segment information

    September 30,2025

    December 31,
    2024

    Cash
     
    $
    3,526,414

    $
    -

    Treasury securities held in Trust Account
     
    $
    230,876,657

    $
    -

    Total Assets
     
    $
    234,574,267

    $
    35,480

The CODM reviews the position of cash available to the Company to assess if the Company has sufficient resources available to discharge its liabilities. The CODM is provided with details of cash and liquid resources available with the Company. The CODM also reviews the amount of cash, cash equivalents, treasury securities, and marketable securities held in Trust Account to assess the amounts available to the Company to effect an initial Business Combination within the Completion Window.

    15

    Schedule of Business
    combination segment

    Three Months
    Ended September 30, 2025

    Nine Months
    Ended September 30, 2025

    For the period from July 26,
                                            2024
                                               (inception) through
                                            September 30,
                                            2025

    Loss from operations
     
    $
    (226,584
    )
     
    $
    (318,846
    )
     
    $
    (7,543
    )
  
    Interest income
     
    $
    876,657

    $
    876,657

    $
    -

    Net income (loss)
     
    $
    91,073

    $
    (1,189
    )
     
    $
    (7,543
    )

The CODM reviews loss from operations to determine if expenditures are in align with budgeted and contractually agreed upon amounts with service providers. Interest income is reviewed to assist in forecasting amounts of cash, cash equivalents, treasury securities, and marketable securities held in the Trust Account to assess amounts available to the Company to effect an initial Business Combination within the Completion Window.

Note 6 — Related Party Transactions

Founder Shares

On January 23, 202