Company: KOYNU
Filing Date: 2025-06-18
Form Type: S-1
Source: 0001829126-25-004586
Chunk: 357

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-06-18
Form: S-1
Chunk 357
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 holder’s particular situation. Holders are urged to consult their tax advisors with respect to the tax consequences to them of the acquisition, ownership and disposition of our public shares and public warrants, including the tax consequences under U.S. federal, state and local, estate, non-U.S. and other tax laws and tax treaties and the possible effects of changes in U.S. or other tax laws.

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<div align='center'>UNDERWRITING</div>

We are offering the units described in this prospectus through the underwriter named below. We will enter into an underwriting agreement with Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC. Subject to the terms and conditions of the underwriting agreement, the underwriter will agree to purchase, and we will agree to sell to the underwriter, the number of public units listed next to each name in the following table.

| Underwriter                                                                |     | Number of 
 Units     |            |
| Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC |     |           |            |
| Total                                                                      |     |           | 20,000,000 |

The underwriting agreement provides that the underwriter must buy all of the public units if it buys any of them. However, the underwriter is not required to purchase the units covered by the underwriter’s option to purchase additional units as described below. The underwriter may offer and sell the units through certain of its affiliates or other registered broker-dealers or selling agents.

Our public units are offered hereby subject to a number of conditions, including:

| ● | receipt and acceptance of such units by the underwriter; and |

| ● | the underwriter’s right to reject orders in whole or in part. |

In connection with this offering, the underwriter or securities dealers may distribute prospectuses electronically.

Our Sponsor is advised by
affiliates of Meteora and/or Meteora Capital, LLC, an investment adviser specializing in SPAC-related investments (“Meteora”).
Vikas Mittal is the Managing Member and Chief Investment Officer of Meteora Capital. Meteora will act as an advisor to the Company in
connection with this offering but has not entered into any formal agreement with the Company and will not receive any compensation for
such role. Meteora’s principals have previous experience across the full lifecycle of SPACs, from the initial public offering to
the deSPAC business combination process