Company: KOYNU
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001829126-25-006117
Chunk: 186

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-08-12
Form: S-1/A
Chunk 186
---
 over-allotment option is not exercised and following payment of the deferred underwriting commissions, no interest is earned on the funds held in the trust account, and no public shares are redeemed in connection with our initial business combination, and without taking into account any other potential impacts on our valuation at such time, such as the trading price of our public shares, the business combination transaction costs, any equity issued or cash paid to the target’s equity holders or other third parties, or the target’s business itself, including its assets, liabilities, management and prospects, or the impact of our public warrants and the private warrants. At such valuation, our Class A ordinary shares would have an implied value of $7.00 per share upon consummation of our initial business combination, which would be a 30.0% decrease as compared to the initial implied value per public share of $10.00 (the price per unit in this offering, assuming no value is ascribed to the public warrants).

| Public shares                                                                       |     |   |  20,000,000 |
| Founder shares(1)                                                                   |     |   |   6,666,667 |
| Private Units                                                                       |     |   |     775,000 |
| Total shares                                                                        |     |   |  27,441,667 |
| Total funds in trust available for initial business combination                     |     | $ | 192,000,000 |
| Public shareholders’ investment per Class A ordinary share                          |     | $ |       10.00 |
| Sponsor’s investment per Class B ordinary share(2)                                  |     | $ |       0.003 |
| Initial implied value per public share                                              |     | $ |       10.00 |
| Implied value per public share upon consummation of initial business combination(3) |     | $ |        7.00 |

| (1) | Assumes that the over-allotment option has not been exercised and an aggregate of 1,000,000 founder shares have been surrendered for no consideration by our Sponsor as a result thereof. Pursuant to a Securities Transfer Agreement, our Sponsor has transferred 20,000 founder shares (or 100,000 in the aggregate) to each of the Company’s director nominees, Christopher Bradley, Brian Rudick, Mathew August, Danel Calvillo Armendariz and Dr. Jim Kyung Soo Liew, for the sum of $0.003 per share. |
| (2) |