Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 413

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 413
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or stock exchange rules, a special resolution under Cayman Islands law and the Company’s amended and restated memorandum and articles
of association, which requires the affirmative vote of at least a majority of the votes cast by such shareholders as, being entitled
to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the Company is generally required
to approve any matter voted on by the Company’s shareholders. Approval of certain actions require a special resolution under Cayman
Islands law, which (except as specified below) requires the affirmative vote of at least two-thirds of the votes cast by such shareholders
as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting, and pursuant to
the Company’s amended and restated memorandum and articles of association, such actions include amending the Company’s amended
and restated memorandum and articles of association and approving a statutory merger or consolidation with another company. There is
no cumulative voting with respect to the appointment of directors, meaning, following the Company’s initial Business Combination,
the holders of more than 50% of the Company’s ordinary shares voted for the appointment of directors can elect all of the directors.
Prior to the consummation of an initial Business Combination, only holders of the Company’s Class B ordinary shares will (i) have
the right to vote on the appointment and removal of directors and (ii) be entitled to vote on continuing the Company in a jurisdiction
outside the Cayman Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional
documents, in each case, as a result of approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). Holders
of the Company’s Class A ordinary shares will not be entitled to vote on these matters during such time. These provisions of the
Company’s amended and restated memorandum and articles of association may only be amended if approved by a special resolution passed
by the affirmative vote of at least 90% (or, where such amendment is proposed in respect of the consummation of an initial Business Combination,
two-thirds) of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy
at the applicable general meeting of the Company.

<div align='center'>F-19</div>

Note 9 — Subsequent Events

The Company evaluated subsequent events and transactions
that occurred after the balance