Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 404

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 404
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 Placement

The Sponsor and CCM have agreed to purchase an
aggregate of 775,000 Private Units (or 891,250 Private Units if the underwriter’s over-allotment option is exercised in full),
at a price of $10.00 per Private Unit, or $7,750,000 in the aggregate (or $8,912,500 if the underwriter’s over-allotment option
is exercised in full), in a private placement that will close simultaneously with the Proposed Public Offering. Of those 775,000 Private
Units (or 891,250 Private Units if the underwriter’s over-allotment option is exercised in full), the Sponsor has agreed to purchase
500,000 Private Units (or 575,000 Private Units in the event that the underwriter’s over-allotment option is exercised in full)
and CCM has agreed to purchase 275,000 Private Units (or 316,250 Private Units if the underwriter’s over-allotment option is exercised
in full). Each Private Unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole Private Placement
Warrant entitles the registered holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment.

The Private Placement Warrants will be identical
to the Public Warrants sold in the Proposed Public Offering except that, so long as they are held by the Sponsor, CCM, or their permitted
transferees, the Private Placement Warrants (i) may not (including the Class A ordinary shares issuable upon exercise of these Private
Placement Warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion
of the initial Business Combination, (ii) will be entitled to registration rights and (iii) with respect to Private Placement Warrants
held by CCM, LLC and/or its designees, will not be exercisable more than five years from the commencement of sales in this offering in
accordance with Financial Industry Regulatory Authority (“FINRA”) Rule 5110(g)(8).

<div align='center'>F-14</div>

The Sponsor, officers and directors will enter into
a letter agreement with the Company, pursuant to which they will agree to (i) waive their redemption rights with respect to any shares
held by them in connection with the completion of the initial Business Combination; (ii) waive their redemption rights with respect to