Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 50

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 50
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otment option.                                                                                      |
| (2) | Includes                                                                                                                                     
 6,666,667 founder shares issued to the Sponsor (assumes the surrender for no consideration of 1,000,000 founder shares if the over-allotment 
 option is not exercised). Founder shares are currently classified as Class B ordinary shares, which shares will automatically convert        
 into Class A ordinary shares at the time of our initial business combination or earlier at the option of a holder on a one-for-one basis,    
 subject to adjustment as described below adjacent to the caption “Conversion of founder shares and anti-dilution rights”                     
 and in our amended and restated memorandum and articles of association.                                                                      |
| (3) | Assumes no exercise of the underwriter’s over-allotment option, and includes, accordingly, (i) an aggregate of 20,000,000 public             
 shares, (ii) an aggregate of 6,666,667 founder shares purchased by our Sponsor, and (iii) an aggregate of 775,000 private shares underlying  
 775,000 private units issued to the Sponsor and the underwriter.                                                                             |
| (4) | Assumes                                                                                                                                      
 no exercise of the underwriter’s over-allotment option, and includes, accordingly, (i) 10,000,000 public warrants and (ii) 387,500           
 private warrants included in 775,000 private units to be purchased by the Sponsor and underwriter concurrently with this offering.           |

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| Terms of the Rights |     | Except in cases where we are not the surviving company in a business combination, each holder of a right will automatically receive one-twentieth 
 (1/20) of a Class A ordinary share upon consummation of our initial business combination. In the event we will not be the surviving company       
 upon completion of our initial business combination, each holder of a right will be required to affirmatively convert its rights in order         
 to receive the one-twentieth (1/20) of one Class A ordinary share underlying each right upon consummation of our initial business combination.    
 We will not issue fractional shares in connection with an exchange of rights. Fractional shares will either be rounded down to the nearest        
 whole share or otherwise addressed in accordance with the applicable provisions of Cayman Islands law. As a result, you must hold rights          
 in multiples of twenty in order to receive Class A ordinary shares for all of your rights upon closing of a business combination. If