Company: KOYNU
Filing Date: 2025-07-08
Form Type: S-1/A
Source: 0001829126-25-004923
Chunk: 22

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-08
Form: S-1/A
Chunk 22
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 financial infrastructure. These include digital assets, Web3 technologies, financial services infrastructure, and other blockchain-driven business models. Additionally, we will maintain a strong emphasis on companies based in or focused on emerging and frontier markets.

Our efforts to identify a potential initial business combination target will focus on companies operating in the “new economy sectors”, which we broadly define as those in technology, financial services, or media and that are located in Frontier Growth Markets (as defined herein). While we may pursue an initial business combination opportunity in any country or sector, we intend to capitalize on decades of experience of our management team and board to identify, acquire and manage a business or businesses that we believe can benefit from their long-established relationships and expertise of having operated a successful investment management business in these regions. Our management team and board have extensive experience in identifying and executing investments at the global scale successfully across a number of sectors, and countries less followed by traditional investment managers. Given our management team and board members’ perspective on technology, quantum computing and other growth industries, having looked at over a thousand acquisition targets over the past decade, we will be examining in particular opportunities in artificial intelligence (“AI”) as well as in the rapidly growing crypto and decentralized finance (“DeFi”) areas.

For example, CSLM Acquisition Corp. has entered into a definitive agreement with Fusemachines, a company that provides AI-driven products and solutions such as AI Studio and AI Engines, and has established a global AI talent pool through its flagship AI Fellowship programs. As part of the CSLM Acquisition Corp. transaction evaluation process, Charles T. Cassel III and Jonathan Binder participated in the diligence and assessment of a broad universe of acquisition targets, including the eventual agreement with Fusemachines. Their roles at Consilium Investment Management further support their ability to evaluate, underwrite and manage complex cross-border investments in the “new economy sectors.”

In addition to CSLM Acquisition Corp., members of our management team and affiliates have been involved in multiple special purpose acquisition companies. Vikas Mittal, our Chairman and Chief Financial Officer, has invested in SPACs since 2008 and brings significant experience across the SPAC lifecycle. He has invested in private securities of SPAC sponsors, SPAC IPOs, secondary trading of SPAC securities, and deSPAC investments in both equity and debt. Mr. Mittal was also a member of the sponsor of GSR II Meteora Acquisition Corp., which completed its business combination with Bitcoin Depot Inc. (NASDAQ: BTM) in 2023. Mr. Mitt