Company: KOYNU
Filing Date: 2025-07-22
Form Type: S-1/A
Source: 0001829126-25-005283
Chunk: 307

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-22
Form: S-1/A
Chunk 307
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 not have an interest in the transaction, in either case who had access, at our expense, to our attorneys or independent legal counsel. We will not enter into any such transaction unless our disinterested “independent” directors determine that the terms of such transaction are no less favorable to us than those that would be available to us with respect to such a transaction from unaffiliated third parties.

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<div align='center'>PRINCIPAL SHAREHOLDERS</div>

The following table sets forth information regarding the beneficial ownership of our shares as of the date of this prospectus, and as adjusted to reflect the sale of our Class A ordinary shares included in the units offered by this prospectus and private units, and assuming no purchase of units in this offering, by:

| ● | each person known by us to be the beneficial owner of more than 5% of the outstanding ordinary shares; |

| ● | each of our executive officers and directors that beneficially owns ordinary shares; and |

| ● | all our executive officers and directors as a group. |

Unless otherwise indicated, we believe that all persons named in the table have sole voting and investment power with respect to all shares beneficially owned by them. The following table does not reflect record or beneficial ownership of any shares issuable upon exercise of warrants as these warrants are not exercisable within 60 days of the date of this prospectus.

On January 23, 2025, our Sponsor paid $25,000, or approximately $0.004 per share, to cover certain of our offering costs in exchange for 5,750,000 Class B ordinary shares. On March 28, 2025, through a share capitalization, the Company issued an additional 1,916,667 Class B ordinary shares to the Sponsor, resulting in the Sponsor holding an aggregate of 7,666,667 Class B ordinary shares or “founder shares” resulting in a price per share of approximately $0.003 per share. Up to 1,000,000 of the founder shares may be surrendered by the Sponsor for no consideration depending on the extent to which the underwriter’s over-allotment option is exercised. Our Sponsor has committed, pursuant to a Securities Transfer Agreement that will close immediately prior to effectiveness of the registration statement of which this prospectus forms a part, to transfer 20,000 founder shares (or 100,000 in the aggregate) to each of the Company’s director nominees, Christopher Bradley, Brian Rud