Company: KOYNU
Filing Date: 2025-07-08
Form Type: S-1/A
Source: 0001829126-25-004923
Chunk: 5

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-08
Form: S-1/A
Chunk 5
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00 per unit [(or ______ units ($______ in the aggregate)) if the over-allotment option is exercised in full) 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 in our Sponsor, the private units allocated to it in connection with the closing of this offering, the Sponsor will issue its securities at a nominal purchase price to the non-managing Sponsor investors reflecting interests in an aggregate of [_] founder shares (or [_] founder shares if the over-allotment option is exercised in full) held by the Sponsor. The Sponsor will continue holding founder shares and private units until the completion of our initial business combination, and as such, until that time, it will control the voting by these shares and will have the sole discretion as to when to convert the founder shares and private shares into Class A ordinary Shares.

The non-managing Sponsor investors have expressed to us an interest in purchasing up to an aggregate of approximately [_________] public units in this offering at the offering price (assuming the exercise in full of the underwriter’s over-allotment option). None of the non-managing Sponsor investors has expressed to us an interest in purchasing more than 9.9% of the units to be sold in this offering. There can be no assurance that the non-managing Sponsor investors will acquire any public units, either directly or indirectly, in this offering, or as to the amount of the units the non-managing Sponsor investors will retain, if any, prior to or upon the consummation of our initial business combination. Because these expressions of interest are not binding agreements or commitments to purchase, non-managing Sponsor investors may determine to purchase fewer public units in this offering, or none at all. Depending on how many units are purchased by the non-managing Sponsor investors, the post-offering trading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had the public units been more widely offered and sold to other public investors. We do not expect any purchase of public units by the non-managing Sponsor investors to negatively impact our ability to meet Nasdaq listing eligibility requirements. In addition, the underwriter has full discretion to allocate the public units to investors and may determine to sell fewer public units to the non-managing Sponsor investors, or none at all, and the purchase of the Class A ordinary shares is not contingent upon participation in this offering or vice versa. The underwriter will receive the same upfront discounts and commissions and