Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 63

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 63
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 fee of $20,000 for office space and administrative and support services until the consummation of an initial business combination; |

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| ● | reimbursement of out-of-pocket expenses incurred by our executive officers and directors and advisory fees to directors in connection    
 with certain activities on our behalf, such as identifying and investigating possible business targets and business combinations as well 
 as advisory fees to directors pertaining to board committee service and extraordinary administrative and analytical services;            |

| ● | payment for analyst and consultant services as approved by our Board of Directors; and |

| ● | repayment upon consummation of our initial business combination of any loans which may be made by our Sponsor, executive officers and directors, or their affiliates, to finance transaction costs in connection with an intended initial business combination. The terms of any such loans have not been determined nor have any written agreements been executed with respect thereto. Up to $1,500,000 of such loans may be convertible into additional private units of the post-business combination entity at a price of $10.00 per unit at the option of the lender. The units would be identical to the private units. |

| nits |     | These payments may be funded using that portion of the net proceeds of this offering and the sale of the private units not held in the trust account or, upon completion of the initial business combination, from any amounts remaining from the proceeds of the trust account released to us in connection therewith. |

| Our audit committee will review on a quarterly basis all payments that were made to our Sponsor, executive officers or directors, or our or any of their affiliates. |

| Audit Committee |     | Prior to the effectiveness of this registration statement, we will have established and will maintain an audit committee (which will be composed entirely of independent directors) to, among other things, monitor compliance with the terms described above and the other terms relating to this offering. If any noncompliance is identified, then the audit committee will be charged with the responsibility to immediately take all action necessary to rectify such noncompliance or otherwise to cause compliance with the terms of this offering. For more information, see section “Management—Committees of the Board of Directors—Audit Committee.” |

| Election of directors; Voting rights |     | Except as set forth below, holders of record of our Class A ordinary shares and Class B ordinary shares are entitled to one vote for each     
 share held on all matters to be voted on by shareholders. Unless specified in our amended and