Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 276

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 276
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 reconciled to GAAP or IFRS. We cannot assure you that any particular target business identified by us as a potential acquisition
candidate will have the necessary financial statements. To the extent that this requirement cannot be met, we may not be able to acquire
the proposed target business.

We may be required to have our
internal control procedures audited for the fiscal year ending December 31, 2026 as required by the Sarbanes-Oxley Act. A target
company may not be in compliance with the provisions of the Sarbanes-Oxley Act regarding adequacy of their internal controls. The development
of the internal controls of any such entity to achieve compliance with the Sarbanes-Oxley Act may increase the time and costs necessary
to complete any such acquisition.

Legal Proceedings

There is no material litigation,
arbitration or governmental proceeding currently pending against us or any members of our management team.

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Comparison of Redemption or Purchase Prices in Connection with Our Initial Business Combination and if We Fail to Complete Our Initial Business Combination.

The following table compares
the redemptions and other permitted purchases of public shares that may take place in connection with the completion of our initial business
combination and if we are unable to complete our initial business combination within the completion window.

|                                  |     | Redemptions in Connection                                                                                                               
 with                                                                                                                                    
 our Initial Business                                                                                                                    
 Combination                                                                                                                             |     | Other Permitted Purchases of                                                                                                                 
 Public                                                                                                                                       
 Shares by our                                                                                                                                
 Affiliates                                                                                                                                   |     | Redemptions if we fail to                                                                                                          
 Complete                                                                                                                           
 an Initial Business                                                                                                                
 Combination                                                                                                                        |
| Calculation of redemption price  |     | Redemptions at the time of our initial business combination may be made pursuant                                                        
 to a tender offer or in connection with a shareholder vote. The redemption price will be the same whether we conduct redemptions        
 pursuant to a tender offer or in connection with a shareholder vote. In either case, our public shareholders may redeem their public    
 shares for cash equal to the aggregate amount then on deposit in the trust account calculated as of two business days prior to the      
 consummation of the initial business combination (which is initially anticipated to be $10.00 per share), including interest earned     
 thereon (which interest shall be net of taxes payable), divided by the number of then issued and outstanding public shares, subject     
 to any limitations (including but not limited to cash requirements) agreed