Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 66

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 66
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assuming all issued and outstanding shares are voted, the over-allotment option is not exercised     
 and 1,000,000 founder shares have been forfeited) in order to have such initial business combination approved. Assuming that only           
 the holders of one-third of our issued and outstanding ordinary shares, representing a quorum under our amended and restated memorandum     
 and articles of association, vote their shares, we will not need any public shares in addition to our founder shares and the private        
 shares held by our Sponsor to be voted in favor of an initial business combination in order to approve an initial business combination.     
 In addition Meteora, for which Mr. Mittal serves as the Managing Member and Chief Investment Officer, Consilium or their affiliates         
 may also purchase additional public shares which they have agreed to vote in favor of a transaction aside from shares they may purchase     
 in compliance with the requirements of Rule 14e-5 under the Exchange Act, which would not be voted in favor of approving the business       
 combination transaction.                                                                                                                    |

<div align='center'>36</div>

| Offering                                 
 proceeds to be held in the trust account |     | The Nasdaq rules provide                                                                                                               
 that at least 90% of the gross proceeds from this offering and the sale of the units be deposited in a trust account. Of the net       
 proceeds we will receive from this offering and the sale of the private units described in this prospectus, $200,000,000, $230,000,000 
 if the underwriter’s over-allotment option is exercised in full ($10.00 per unit in either case), will be placed in a U.S.             
 based trust account with Continental Stock Transfer & Trust Company acting as trustee, and initially be invested only in U.S.          
 government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule     
 2a-7 under the Investment Company Act which invest only in direct U.S. government treasury obligations; the holding of these assets    
 in this form is intended to be temporary and for the sole purpose of facilitating the intended business                                |

| Except as set forth below,                                                                                                                
 the proceeds held in the trust account will not be released until the earlier of: (1) the completion of our initial business combination  
 within the required time period; (2) our redemption of                                                                                    
 100% of the outstanding public shares if we have not completed an initial business combination in the required time period; or (3)