Company: KOYNU
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001829126-25-006117
Chunk: 403

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-08-12
Form: S-1/A
Chunk 403
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 to a quantitative threshold and disaggregation by nature and jurisdiction. ASU 2023-09 also requires
entities to disclose net income taxes paid or received to federal, state and foreign jurisdictions, as well as by individual jurisdiction,
subject to a five percent quantitative threshold. ASU 2023-09 may be adopted on a prospective or retrospective basis and is effective
for fiscal years beginning after December 15, 2024, and for interim periods for fiscal years beginning after December 15, 2025, with
early adoption permitted. The Company is currently assessing the impact, if any, that ASU 2023-09 would have on its financial position,
results of operations or cash flows.

Management does not believe that any other
recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s
financial statement.

Note 3 — Proposed Public Offering

In the Proposed Public Offering, the Company will
offer for sale up to 20,000,000 Units (or 23,000,000 Units if the underwriter’s over-allotment option is exercised in full) at
a purchase price of $10.00 per Unit. Each Unit that the Company is offering has a price of $10.00 and consists of one Class A ordinary
share, one-half of one redeemable warrant (“Public Warrant”). Each whole Public Warrant will entitle the holder to purchase
one Class A ordinary share at a price of $11.50 per share, subject to adjustment. Each Public Warrant will become exercisable 30 days
after the completion of the initial Business Combination and will expire five years after the completion of the initial Business Combination,
or earlier upon redemption or liquidation.

<div align='center'>F-11</div>

Public Warrants —No Warrants are currently
outstanding. Each whole Warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to
adjustment as discussed herein. The Warrants cannot be exercised until 30 days after the completion of the initial Business Combination,
and will expire at 5:00 p.m., New York City time, five years after the completion of the initial Business Combination or earlier upon
redemption or liquidation.

The Company will not be obligated to deliver any
Class A ordinary shares pursuant to the exercise of a Warrant and will have no obligation to settle such Warrant exercise unless a registration
statement