Company: KOYNU
Filing Date: 2025-12-02
Form Type: 425
Source: 0001829126-25-009581
Chunk: 4

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-12-02
Form: 425
Chunk 4
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 the ability to recognize the anticipated benefits of the
proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow
and manage growth profitably and retain its key employees; (7) costs related to the proposed business combination; (8) changes in applicable
laws or regulations; and (9) other risks and uncertainties included in documents filed or to be filed with the SEC by First Digital and
the Company. The foregoing list of factors is not exclusive. You should not place undue reliance upon any forward-looking statements,
which speak only as of the date made. First Digital and the Company do not undertake or accept any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events,
conditions, or circumstances on which any such statement is based, except as required by law. Past performance by First Digital’s
or the Company’s management teams and their respective affiliates is not a guarantee of future performance. Therefore, you should
not place undue reliance on the historical record of the performance of First Digital’s or the Company’s management teams
or businesses associated with them as indicative of future performance of an investment or the returns that First Digital or the Company
will, or are likely to, generate going forward.

No Offer or Solicitation

This Current Report on Form
8-K and the exhibit hereto shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or
in respect of the proposed transaction. This Current Report on Form 8-K and the exhibit hereto shall also not constitute an offer to
subscribe for, buy or sell, the solicitation of an offer to subscribe for, buy or sell or an invitation to subscribe for, buy or sell
any securities or the solicitation of any vote or approval in any jurisdiction pursuant to or in connection with the proposed transactions
or otherwise, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would
be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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| Item 9.01. | Financial Statements and Exhibits. |

| (d) | Exhibits |

| Exhibit No. 
 99.1        |     | Description                                                                  
 Press release, dated December 2, 2025.                                       |
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