Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 299

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 299
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 not anticipate declaring
any dividends in the foreseeable future.

Our Transfer Agent, Warrant Agent, and Rights Agent

The transfer agent for our shares, warrant agent for our warrants, and Rights Agent for our rights will be Continental Stock Transfer & Trust Company.

Listing of Securities

We anticipate that the units, as well as the Class A ordinary shares, rights and warrants underlying the units (once they begin separate trading), will be listed
on Nasdaq under the symbols “ [____],” “[____],” “[____]R,” and “[____]W,” respectively.

Certain Differences in Corporate Law

Cayman Islands companies are governed by the Companies Act. The Companies Act is modeled
on English law but does not follow recent English law statutory enactments, and differs
from laws applicable to United States corporations and their shareholders.

Set forth below is a summary of the material differences between the provisions of
the Companies Act applicable to us and the laws applicable to companies incorporated
in the United States and their shareholders.

Mergers and Similar Arrangements.In certain circumstances, the Companies Act allows for mergers or consolidations between
two Cayman Islands companies, or between a Cayman Islands company and a company incorporated
in another jurisdiction (provided that is facilitated by the laws of that other jurisdiction).

Where the merger or consolidation is between two Cayman Islands companies, the directors
of each company must approve a written plan of merger or consolidation containing
certain prescribed information. That plan or merger or consolidation must then be
authorized by either (i) a special resolution of the shareholders of each company;
and (ii) such other authorization, if any, as may be specified in such constituent
company’s articles of association. No shareholder resolution is required for a merger between
a parent company (i.e., a company that holds issued shares that together represent
90% of the votes at a general meeting of the subsidiary company) and its subsidiary
company, provided the parent company is the surviving entity and a copy of the plan
of merger is given to every member of each subsidiary company to be merged unless
that member agrees otherwise. The consent of each holder of a fixed or floating security
interest of a constituent company must be obtained, unless the court waives such requirement.
If the Cayman Islands Registrar of Companies is satisfied that the requirements of
the Companies Act (which includes certain other formalities) have been complied with,
the Registrar of Companies will register the plan of merger or consolidation.

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