Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 159

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 159
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 such affiliated entity
met our criteria and guidelines for a business combination as set forth in “Proposed Business — Effecting Our Initial Business
Combination — Selection of a target business and structuring of our initial business combination” and such transaction was
approved by a majority of our independent and disinterested directors. Despite our agreement that we, or a committee of independent and
disinterested directors, will obtain an opinion from an independent investment banking firm that is a member of FINRA or from an independent
entity that commonly renders valuation opinions regarding the fairness to our Company from a financial point of view of a business combination
with one or more domestic or international businesses affiliated with our Sponsor, directors or officers, potential conflicts of interest
still may exist and, as a result, the terms of the business combination may not be as advantageous to our public shareholders as they
would be absent any conflicts of interest.

Neither Consilium nor Meteora is under any obligation to source any potential opportunities for our initial business combination or refer any such opportunities to our Company or provide any other services to our Company.

Consilium and Meteora may
become aware of a potential business combination opportunity that may be an attractive opportunity for our Company. Consilium, Meteora,
and our Company may each assess opportunities within Frontier Growth Markets. In particular, CIM manages two products targeted at Frontier
Growth Markets. The Fund focuses on listed equities opportunities within Frontier Growth Markets. EOF focuses on less liquid opportunities
within Frontier Growth Markets, and targets a three-year time horizon to extract value from companies that are relatively unknown. Meteora
is an investment adviser specializing in SPAC-related investments. Neither Meteora nor Consilium is under any obligation to source any
potential opportunities for our initial business combination or refer any such opportunities to our Company or provide any other services
to our Company. Meteora and Consilium’s role with respect to our Company is expected to be advisory in nature. Consilium may have
fiduciary and/or contractual duties to its investment vehicles and to companies in which Consilium has invested. Similarly, Meteora may
have fiduciary and/or contractual duties to its clients and to companies in which Meteora has invested. As a result, Consilium and Meteora
may each have a duty to offer business combination opportunities to certain Consilium funds, other investment vehicles or other entities
before other parties, including our Company. Additionally, certain companies in which Consil