Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 219

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 219
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 for identifying and evaluating prospective acquisition candidates, performing business
due diligence on prospective target businesses, traveling to and from the offices, plants or similar locations of prospective target
businesses, reviewing corporate documents and material agreements of prospective target businesses, selecting the target business to
acquire and structuring, negotiating and consummating the business combination. We anticipate that we will incur the following approximate
expenses to be paid from the $2,973,324 not held in the trust account (assuming that no over-allotment option has been exercised:

| ● | $400,000 of expenses for the legal, accounting and other third-party expenses attendant to the structuring 
 and negotiating of our initial business combination;                                                       |

| ● | $150,000 of expenses for SEC filing and other legal and accounting fees related to regulatory reporting 
 obligations;                                                                                            |

| ● | $720,000 (equal to $30,000 per month for up to 24                                                                             
 months) for company administration, office space, utilities, and secretarial and administrative support made available to us; |

| ● | $250,000 for directors and officers insurance; and |

| ● | $1,368,324 for working capital to cover miscellaneous expenses and general corporate purposes. |

These amounts are estimates
and may differ materially from our actual expenses. In addition, we could use a portion of the funds not being placed in trust to pay
commitment fees for financing, fees to consultants to assist us with our search for a target business or as a down payment or to fund
a “no-shop” provision (a provision designed to keep target businesses from “shopping” around for transactions
with other companies or investors on terms more favorable to such target businesses) with respect to a particular proposed business combination,
although we do not have any current intention to do so. If we entered into an agreement where we paid for the right to receive exclusivity
from a target business, the amount that would be used as a down payment or to fund a “no-shop” provision would be determined
based on the terms of the specific business combination and the amount of our available funds at the time. Our forfeiture of such funds
(whether as a result of our breach or otherwise) could result in our not having sufficient funds to continue searching for, or conducting
due diligence with respect to, prospective target businesses.

If our estimates of the costs
of undertaking in-depth due diligence and negotiating our initial business combination is less than the actual amount necessary to do
so, we