Company: KOYNU
Filing Date: 2025-08-27
Form Type: 424B4
Source: 0001829126-25-006758
Chunk: 139

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-08-27
Form: 424B4
Chunk 139
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, and their permitted transferees, if any, who will collectively beneficially own, on an as-converted basis, 40% of our Class B ordinary shares upon the closing of this offering (assuming they do not purchase any shares in this offering and that no over-allotment option is exercised by the underwriter and excluding any shares underlying the private units), will participate in any vote to amend our amended and restated memorandum and articles of association and will have the discretion to vote in any manner they choose. As a result, we may be able to amend the provisions of our amended and restated memorandum and articles of association which govern our pre-business combination behavior more easily than some other blank check companies, and this may increase our ability to complete a business combination with which you do not agree. Our shareholders may pursue remedies against us for any breach of our amended and restated memorandum and articles of association.

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If an amendment to any
such provision is approved by the requisite shareholder vote, then the corresponding provisions of the trust agreement governing the
release of funds from our trust account may be amended. Subsequent to this offering and prior to the consummation of our initial
business combination, we may not issue additional securities that can vote on amendments to our amended and restated memorandum and
articles of association. Our Sponsor, executive officers and directors (and their permitted transferees) will collectively
beneficially own approximately 34.1% of our outstanding ordinary shares upon the closing of this offering (assuming they do not
purchase any public units in this offering and that the underwriter does not exercise its over-allotment option and excluding any
shares underlying the private units), and they may participate in any vote to amend our amended and restated memorandum and articles
of association and/or trust agreement and will have the discretion to vote in any manner they choose; provided, that, each of
them has agreed (and any of their permitted transferees will agree), pursuant to a written agreement with us, that they will not
propose any amendment to our amended and restated memorandum and articles of association that would affect the substance or timing
of our obligation to redeem 100% of our public shares if we do not complete our initial business combination within 24 months from
the closing of this offering unless we provide our public shareholders with the opportunity to redeem their Class A ordinary shares
upon approval of any such amendment at a per-share price, payable in cash, equal to the