Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 171

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 171
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 federal securities laws.

Any purchases by our initial
shareholders, directors, officers, advisors and/or their affiliates who are affiliated purchasers under Rule 10b-18 under the Exchange
Act will only be made to the extent such purchases are able to be made in compliance with Rule 10b-18, which is a safe harbor from
liability for manipulation under Section 9(a)(2) and Rule 10b-5 of the Exchange Act. Rule 10b-18 has certain technical
requirements that must be complied with in order for the safe harbor to be available to the purchaser. Our initial shareholders, directors,
officers, advisors and/or their affiliates will be subject to restrictions in making purchases of ordinary shares if the purchases would
violate Section 9(a)(2) or Rule 10b-5 of the Exchange Act. Any such purchases will be reported pursuant to Section 13
and Section 16 of the Exchange Act to the extent such purchasers are subject to such reporting requirements.

Additionally, in the event our
initial shareholders, directors, officers, advisors or their affiliates were to purchase public shares from public shareholders, such
purchases would be structured in compliance with the requirements of Rule 14e-5 under the Exchange Act. Further, any shares they
may purchase in compliance with the requirements of Rule 14e-5 under the Exchange Act would not be voted in favor of approving the business
combination transaction including, in pertinent part, through adherence to the following:

| ● | our registration statement/proxy statement filed for our business combination                                                    
 transaction would disclose the possibility that our initial shareholders, directors, officers, advisors and their affiliates may 
 purchase public shares from public shareholders outside the redemption process, along with the purpose of such purchases;        |

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| ● | if our initial shareholders, directors, officers, advisors and their affiliates                                                   
 were to purchase public shares from public shareholders, they would do so at a price no higher than the price offered through our 
 redemption process;                                                                                                               |

| ● | our registration statement/proxy statement filed for our business combination                                                     
 transaction would include a representation that any of our securities purchased by our initial shareholders, directors, officers, 
 advisors and their affiliates would not be voted in favor of approving the business combination transaction;                      |

| ● | our initial shareholders, directors, officers, advisors and their affiliates                                                      
 would not possess any redemption rights with respect to our securities or, if they do acquire and possess