Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 35

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 35
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 to companies in which
Meteora Capital has invested. As a result, Consilium and Meteora Capital may each have a duty to offer business combination opportunities
to certain Consilium funds, other investment vehicles or other entities before other parties, including our Company. Additionally, certain
companies in which Consilium or Meteora Capital has invested may enter into transactions with, provide goods or services to, or receive
goods or services from an entity with which we seek to complete our initial business combination. Transactions of these types may present
a conflict of interest because Consilium may directly or indirectly receive a financial benefit as a result of such transaction.

We believe that any such
potential conflicts of interest of Consilium and Meteora Capital will be naturally mitigated by the differing nature of targets that Consilium
and Meteora Capital typically considers most attractive for its activities and the types of initial business combination opportunities
that we expect to be most attractive for our Company.

Our advisory board members
are not under any obligation to source any potential opportunities for our initial business combination or refer any such opportunities
to our Company or provide any other services for our Company. Such advisors’ roles with respect to our Company are expected to be
primarily passive and advisory in nature. Our advisory board members may have fiduciary and/or contractual duties to certain companies
but do not have any fiduciary obligations to our Company. As a result, our advisory board members may have a duty to offer business combination
opportunities to certain other companies before our Company. Additionally, certain companies affiliated with our advisory board members
may enter into transactions with, provide goods or services to, or receive goods or services from an entity with which we seek to complete
our initial business combination. Transactions of these types may present a conflict of interest because our advisory board members may
directly or indirectly receive a financial benefit as a result of such transaction. See “Risk Factors — Risks Related to our Team and Their Respective Affiliates and to the Post-Business Combination Company — Our advisory board members are not under any obligation to source any potential opportunities for our initial business combination or refer any such opportunities to our Company or provide any other services for our Company.”

Past experience or performance
of our team and our advisory board and their respective affiliates is not a guarantee of either (1) our ability to successfully identify
and execute a transaction or (2) success with respect to any business combination that we may consummate. You should