Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 248

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 248
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 Working capital loans to 
 finance transaction costs in connection with an intended initial business combination. |
|                   |     | Reimbursement for any out-of-pocket                                                           
 expenses related to identifying, investigating and completing an initial business combination |     |                                                                 Services in connection 
        with identifying, investigating and completing an initial business combination. |
| Sponsor           |     | $30,000 per month                                                                             |     |                     Office space, administrative and shared personnel support services |

| (1) | Assumes no exercise of the over-allotment option and the full surrender for no consideration of 1,000,000                             
 founder shares that are subject to surrender for no consideration by our initial shareholders 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 Rudick,           
 Mathew August, Danel Calvillo Armendariz and Dr. Jim Kyung Soo Liew, for the sum of $0.003 per share.                                 |

The low price that our Sponsor,
executive officers and directors (directly or indirectly) paid for the founder shares creates an incentive whereby our officers and directors
could potentially make a substantial profit even if we select an acquisition target that subsequently declines in value and is unprofitable
for public shareholders. If we are unable to complete our initial business combination within the completion window, or by such earlier
liquidation date as our board of directors may approve, the founder shares and private shares will be worthless, except to the extent
they receive liquidating distributions from assets outside the trust account. Additionally, we will repay up to $300,000 in loans made
to us by our Sponsor to cover offering-related and organizational expenses and we will pay our Sponsor’s affiliate an amount equal
to $30,000 per month for company administration, office space, utilities, and secretarial and administrative support made available to
us, as described elsewhere in this prospectus. We will repay any loans which may be made by our Sponsor or an affiliate of our Sponsor
or certain of our directors and officers to finance transaction costs in connection with an intended initial business combination; up
to $1,500,000 of such loans may be convertible into private units at a