Company: KOYNU
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001829126-25-006117
Chunk: 391

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-08-12
Form: S-1/A
Chunk 391
---
                                                       
 diluted net loss per share                                      |     | $ |              (0.00 | ) |     | $ |            (0.00 | ) |

| (1) | Excludes up to 1,000,000 Class B ordinary shares subject to forfeiture if the over-allotment option 
 is not exercised in full or in part by the underwriter (Note 8).                                    |

<div align='center'>The accompanying notes are an integral part of these
financial statements.

F-3</div>

<div align='center'>CSLM Digital Asset Acquisition Corp III, Ltd

STATEMENTS OF CHANGES IN SHAREHOLDER’S DEFICIT

FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025</div>

|                                        |     | Class           
 B               
 Ordinary shares 
 Shares          |           |     | Amount |     |     | Additional 
 Paid-In    
 Capital    |        |     | Accumulated 
 Deficit     |          |   |     | Shareholder’s 
 Deficit       |         |   |
|:---------------------------------------|:----|:----------------|----------:|:----|:-------|----:|:----|:-----------|-------:|:----|:------------|:---------|:--|:----|:--------------|--------:|:--|
| Balance                                
 as of January 1, 2025                  |     |                 |         - |     | $      |   - |     | $          |      - |     | $           | (22,820  | ) |     | $             | (22,820 | ) |
| Class                                  
 B ordinary shares issued to Sponsor(1) |     |                 | 7,666,667 |     |        | 767 |     |            | 24,233 |     |             | -        |   |     |               |  25,000 |   |
| Net                                    
 loss                                   |     |                 |         - |     |        |   - |     |            |      - |     |             | (31,587  | ) |     |               | (31,587 | ) |
| Balance                                
 as of March 31, 2025 (audited)         |     |                 | 7,666,667 |     |        | 767 |     |            | 24,233 |     |             | (54,407  | ) |     |               | (29,407 |