Company: KOYNU
Filing Date: 2025-08-27
Form Type: 424B4
Source: 0001829126-25-006758
Chunk: 68

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-08-27
Form: 424B4
Chunk 68
---
 per private unit in a private placement that will close simultaneously with this offering (or 575,000 private units if the underwriter’s over-allotment option is exercised in full) and our underwriter has committed, pursuant to a written agreement, to purchase an aggregate of 275,000 private units (or 316,250 private units if the underwriter’s over-allotment option is exercised in full) at $10.00 per private unit in a private placement that will close simultaneously with this offering. |
|               |     | A portion of the purchase price of the private units will be added to the proceeds of this offering to be held in the trust account described below. If we do not complete our initial business combination within 24 months from the closing of this offering, the proceeds from the sale of the private units held in the trust account will be used to fund the redemption of our public shares (subject to the requirements of applicable law).                                                                                                                                                                                |

| The private units will also be worthless if we do not complete our initial business combination. A portion of the purchase price of the private units will be added to the proceeds from this offering to be held in the trust account. The private units will be identical to the units sold in this offering except that, so long as they are held by our Sponsor or its permitted transferees, the private units (including the component securities as well as any securities underlying those component securities) (i) may not, subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination and (ii) will be entitled to registration rights. If we do not complete our initial business combination within the completion window, the private units will expire worthless.                                                                                                                                                                                                                                                                                                              
 The non-managing Sponsor investors have indicated an interest to indirectly purchase, through the purchase of the Sponsor’s securities, an aggregate of 180,000 private units at a price of $10.00 per unit ($1,800,000 in the aggregate) in a private placement that will close simultaneously with the closing of this offering. Subject to each non-managing Sponsor investor indirectly purchasing, through securities, the private units allocated to it in connection with the closing of this offering, the Sponsor will issue securities at a nominal purchase price to the non-managing Sponsor investors reflecting interests in an aggregate of 900,000 founder shares held by the Sponsor. The non-managing Sponsor investors will not be subject to transfer restrictions or a lock-up agreement on any public securities