Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 314

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 314
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, Mathew August, Danel Calvillo Armendariz
and Dr. Jim Kyung Soo Liew, for the sum of $0.003 per share.

Up to 1,000,000 of the founder
shares will be surrendered to us for no consideration by our Sponsor depending on the extent to which the underwriter’s over-allotment
option is exercised. Upon the closing of this offering, 27,441,667 of our ordinary shares will be outstanding (assuming no exercise of
the underwriter’s over-allotment option and the corresponding surrender to us for no consideration of 1,000,000 founder shares
by our initial shareholders) including:

| ● | 20,000,000 Class A ordinary shares                
 underlying units issued as part of this offering; |

| ● | 6,666,667                                    
 Class B ordinary shares held by the Sponsor; |
| ● | 775,000 Class A ordinary shares comprising   
 part of the private units                    |

If we increase or decrease the
size of the offering pursuant to Rule 462(b) under the Securities Act, we will effect a stock dividend, share contribution back
to capital, or other appropriate mechanism, as applicable, immediately prior to the consummation of the offering in such amount as to
maintain the ownership of our Sponsor, prior to this offering at 25% of our issued and outstanding shares (excluding any shares underlying
the private units) upon the consummation of this offering, as described above. Such issuance will significantly dilute the equity interest
of our other shareholders.

Ordinary shareholders of record
are entitled to one vote for each share held on all matters to be voted on by shareholders. Unless specified in our amended and restated
memorandum and articles of association, or as required by applicable provisions of Cayman Island laws or stock exchange rules, the affirmative
vote of a majority of our shares that are voted is required to approve any such matter voted on by our shareholders. Our shareholders
are entitled to receive ratable dividends when, as and if declared by the Board of Directors out of funds legally available therefor.
We will consummate our initial business combination only if a vote is held to approve a business combination, a majority of the outstanding
shares voted are voted in favor of the business combination.

Ordinary shareholders of
record are entitled to one vote for each share held on all matters to be voted on by shareholders. Except as described below, holders
of Class A ordinary shares