Company: KOYNU
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001829126-25-006117
Chunk: 431

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-08-12
Form: S-1/A
Chunk 431
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. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning
after December 15, 2024, with early adoption permitted. The Company adopted ASU 2023-07 on July 26, 2024, the date of its incorporation.

Note 3 — Proposed Public Offering

In the Proposed Public Offering, the Company will
offer for sale up to 20,000,000 Units (or 23,000,000 Units if the underwriter’s over-allotment option is exercised in full) at
a purchase price of $10.00 per Unit. Each Unit that the Company is offering has a price of $10.00 and consists of one Class A ordinary
share, one-half of one redeemable warrant (“Public Warrant”). Each whole Public Warrant will entitle the holder to purchase
one Class A ordinary share at a price of $11.50 per share, subject to adjustment. Each Public Warrant will become exercisable 30 days
after the completion of the initial Business Combination and will expire five years after the completion of the initial Business Combination,
or earlier upon redemption or liquidation.

<div align='center'>F-30</div>

Public Warrants —No Warrants are
currently outstanding. Each whole Warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share,
subject to adjustment as discussed herein. The Warrants cannot be exercised until 30 days after the completion of the initial Business
Combination, and will expire at 5:00 p.m., New York City time, five years after the completion of the initial Business Combination or
earlier upon redemption or liquidation.

The Company will not be obligated to deliver any
Class A ordinary shares pursuant to the exercise of a Warrant and will have no obligation to settle such Warrant exercise unless a registration
statement under the Securities Act with respect to the Class A ordinary shares underlying the Warrants is then effective and a prospectus
relating thereto is current. No Warrant will be exercisable and the Company will not be obligated to issue a Class A ordinary share upon
exercise of a Warrant unless the Class A ordinary share issuable upon such Warrant exercise has been registered, qualified or deemed
to be exempt under the securities laws of the state of residence of the registered holder of the Warrants. In the event that the conditions
in the two immediately preceding sentences are not