Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 246

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 246
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 Transactions of these types may present a conflict of interest because Consilium may directly or indirectly
receive a financial benefit as a result of such transaction.

We believe that any such
potential conflicts of interest of Consilium will be naturally mitigated by the differing nature of targets that Consilium typically
considers most attractive for its activities and the types of initial business combination opportunities that we expect to be most attractive
for our Company.

Our advisory board members
are not under any obligation to source any potential opportunities for our initial business combination or refer any such opportunities
to our Company or provide any other services for our Company. Such advisors’ roles with respect to our Company are expected to
be advisory in nature. Our advisory board members may have fiduciary and/or contractual duties to certain companies but do not have any
fiduciary obligations to our Company. As a result, our advisory board members may have a duty to offer business combination opportunities
to certain other companies before our Company. Additionally, certain companies affiliated with our advisory board members may enter into
transactions with, provide goods or services to, or receive goods or services from an entity with which we seek to complete our initial
business combination. Transactions of these types may present a conflict of interest because our advisory board members may directly
or indirectly receive a financial benefit as a result of such transaction. See “Risk Factors — Risks Related to our Team and Their Respective Affiliates and to the Post-Business Combination Company — Our advisory board members are not under any obligation to source any potential opportunities for our initial business combination or refer any such opportunities to our Company or provide any other services for our Company.”

Past experience or performance
of our team and our advisory board and their respective affiliates is not a guarantee of either (1) our ability to successfully identify
and execute a transaction or (2) success with respect to any business combination that we may consummate. You should not rely on the
historical record of our team or our advisory board or their respective affiliates as indicative of future performance. See “Risk Factor — Past performance of Consilium, Meteora, our team and their respective affiliates may not be indicative of future performance of an investment in the Company.” No member of our management team has any experience operating a special purpose acquisition
company. See “Management — Conflicts of Interest” for additional information.

We do not believe, however,
based on the other companies with which our directors and officers are affiliated and their respective businesses, that the fiduciary