Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 273

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 273
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 of our obligation
to redeem 100% of our public shares if we do not complete a business combination within 24 months from the closing of this offering,
we will provide dissenting public shareholders with the opportunity to convert their public shares in connection with any such vote.
This redemption right shall apply in the event of the approval of any such amendment, whether proposed by our Sponsor, any executive
officer, director or director nominee, or any other person. Our initial shareholders have agreed to waive any redemption rights with
respect to their founder shares and private shares held by them, and the Sponsor has agreed to waive its redemption rights with respect
to any public shares it may hold, in each case in connection with any vote to amend our amended and restated memorandum and articles
of association. Specifically, our amended and restated memorandum and articles of association provides, among other things, that:

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| ● | we shall either (1) seek shareholder approval of our initial business combination at a meeting called                                    
 for such purpose at which shareholders may seek to redeem their public shares, regardless of whether they vote for or against the        
 proposed business combination, into their pro rata share of the aggregate amount then on deposit in the trust account, including         
 interest earned thereon (net of taxes payable), or (2) provide our shareholders with the opportunity to sell their shares to us by       
 means of a tender offer (and thereby avoid the need for a shareholder vote) for an amount equal to their pro rata share of the aggregate 
 amount then on deposit in the trust account (net of taxes payable), in each case subject to the limitations described herein;            |

| ● | we will consummate our initial business combination only,                                         
 if we seek shareholder approval, a majority of the ordinary shares voted at a shareholder meeting 
 are voted in favor of the business combination;                                                   |

| ● | if our initial business combination is not consummated within 24 months from the closing of this                     
 offering then we will redeem all of the outstanding public shares and thereafter liquidate and dissolve the Company; |

| ● | upon the consummation of this offering, $200,000,000,                                            
 or approximately $230,000,000 if the over-allotment option is exercised in full, shall be placed 
 into the trust account; and                                                                      |

| ● | prior to our initial business combination, we may not issue additional stock that participates in                                     
 any manner in the proceeds of the trust account