Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 193

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 193
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isticated and del berate attacks on, or security breaches in, our systems or infrastructure, or the systems or infrastructure
of third parties or the cloud, could lead to corruption or misappropriation of our assets, proprietary information and sensitive or confidential
data. As an early-stage company without significant investments in data security protection, we may not be sufficiently protected against
such occurrences. We may not have sufficient resources to adequately protect against, or to investigate and remediate any vulnerability
to, cyber incidents. It is possible that any of these occurrences, or a combination of them, could have adverse consequences on our business
and lead to financial loss.

Our letter agreement with our initial shareholders, directors and officers and registration rights agreement may be amended, and provisions therein may be waived, without shareholder approval.

Our letter agreement with
our Sponsor, officers and directors contains provisions relating to transfer restrictions of our founder shares, indemnification of the
trust account, waiver of redemption rights and participation in liquidating distributions from the trust account. The letter agreement
may be amended without shareholder approval with our written consent as well as the written consent of the Sponsor and our directors
and officers to the extent they are the subject of any change, amendment, modification or waiver to the letter agreement. The written
consent of the underwriter will also be required for an amendment of a provision of the letter agreement that subjects the Sponsor and
our directors and officers to certain of the restrictions to be included in the underwriting agreement and pursuant to which the Sponsor
and our officers and directors will agree that they will not, without the prior written consent of the underwriter, offer, sell, contract
to sell, pledge or otherwise dispose of, directly or indirectly, Class A ordinary shares or any other securities convertible into, or
exercisable, or exchangeable for, Class A ordinary shares, until the earlier of: (1) six months after the completion of our initial business
combination; or (2) subsequent to our initial business combination, the date on which we complete a liquidation, merger, share exchange,
reorganization or other similar transaction that results in all of our public shareholders having the right to exchange their ordinary
shares for cash, securities or other property (for more information, also see “Securities Eligible for Future Sale—Contractual Transfer Restrictions”). While we do not expect our board to approve any amendment to the letter agreement prior to our initial
business combination, it may be possible that our board, in exercising its business judgment and subject