Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 191

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 191
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 items, impose additional disclosure requirements in initial public offerings by
SPACs and business combination transactions involving SPACs and private operating companies; amend the financial statement requirements
applicable to business combination transactions involving such companies; update and expand guidance regarding the general use of projections
in SEC filings, as well as when projections are disclosed in connection with proposed business combination transactions; increase the
potential liability of certain participants in proposed business combination transactions; and could impact the extent to which SPACs
could become subject to regulation under the Investment Company Act of 1940. The 2024 SPAC Rules may materially adversely affect our
business, including our ability to negotiate and complete, and the costs associated with, our initial business combination, and results
of operations.

We may reincorporate in another jurisdiction in connection with our initial business combination and such reincorporation may result in taxes imposed on shareholders.

We may, in connection with our
initial business combination, reincorporate in the jurisdiction in which the target company or business is located or in another jurisdiction.
The transaction may require a shareholder to recognize taxable income in the jurisdiction in which the shareholder is a tax resident
or in which its members are resident if it is a tax transparent entity. We do not intend to make any cash distributions to shareholders
to pay such taxes. Shareholders may be subject to withholding taxes or other taxes with respect to their ownership of us after the reincorporation.

Neither the underwriter nor any of its affiliates has an obligation to provide us with potential investment opportunities or to devote any specified amount of time or support to our Company’s business.

Neither the underwriter nor
any of its affiliates has any legal or contractual obligation to seek on our behalf or to present to us investment opportunities that
might be suitable for our business, and may allocate any such opportunities at their discretion to us or other parties. We have no investment
management, advisory, consulting or other agreement in place with the underwriter or any of its affiliates that obligates them to undertake
efforts on our behalf or that govern the manner in which they will allocate investment opportunities. Even if the underwriter or one
of its affiliates refer an opportunity to us, no assurance can be given that such opportunity will result in an acquisition agreement
or our initial business combination.

We intend to offer each public shareholder the option to vote in favor of the proposed business combination and still seek redemption of such shareholders’ shares.

In connection with any meeting
held to approve an initial business combination, we will offer each