Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 226

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 226
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<div align='center'>131</div>

<div align='center'>PROPOSED BUSINESS</div>

General

We are a newly incorporated
blank check company formed as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition,
share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout
this prospectus as our initial business combination. We have not identified any specific business combination target and we have not,
nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with
respect to an initial business combination with us.

Our efforts to identify a potential
initial business combination target will focus on companies operating in the “new economy sectors”, which we broadly define
as those in technology, financial services, or media and that are located in Frontier Growth Markets (as defined herein). While we may
pursue an initial business combination opportunity in any country or sector, we intend to capitalize on decades of experience of our
management team and board to identify, acquire and manage a business or businesses that we believe can benefit from their long-established
relationships and expertise of having operated a successful investment management business in these regions. Our management team and
board have extensive experience in identifying and executing investments at the global scale successfully across a number of sectors,
and countries less followed by traditional investment managers. Given our management team and board members’ perspective on technology,
quantum computing and other growth industries, having looked at over a thousand acquisition targets over the past decade, we will be
examining in particular opportunities in artificial intelligence (“AI”) as well as in the rapidly growing crypto and decentralized
finance (“DeFi”) areas.

For example, CSLM Acquisition
Corp. has entered into a definitive agreement with Fusemachines, a company that provides AI-driven products and solutions such as AI
Studio and AI Engines, and has established a global AI talent pool through its flagship AI Fellowship programs. As part of the CSLM Acquisition
Corp. transaction evaluation process, Charles T. Cassel III and Jonathan Binder participated in the diligence and assessment of a broad
universe of acquisition targets, including the eventual agreement with Fusemachines. Their roles at Consilium Investment Management further
support their ability to evaluate, underwrite and manage complex cross-border investments in the “new economy sectors.”

In addition to CSLM Acquisition
Corp., members of our management team and affiliates have been involved in multiple special purpose acquisition companies