Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 139

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 139
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able by us, we may exercise
our redemption right even if we are unable to register or qualify the underlying Class A ordinary shares for sale under all applicable
state securities laws. As a result, we may redeem the public warrants as set forth above even if the holders are otherwise unable to
exercise such warrants.

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In order to effectuate an initial business combination, blank check companies have, in the recent past, amended various provisions of their charters and other governing instruments. We may seek to amend our amended and restated memorandum and articles of association or governing instruments in a manner that will make it easier for us to complete our initial business combination that our shareholders may not support.

In order to effectuate a
business combination, blank check companies have, in the recent past, amended various provisions of their charters and governing instruments.
For example, blank check companies have amended the definition of business combination, increased redemption thresholds, and extended
the time to consummate a business combination. Amending our amended and restated memorandum and articles of association will require
at least a special resolution of our shareholders as a matter of Cayman Islands law, meaning the approval of holders of at least two-thirds
of our ordinary shares who attend and vote at a shareholder meeting of the Company. In addition, our amended and restated memorandum
and articles of association will require us to provide our public shareholders with the opportunity to redeem their public shares for
cash if we implement, following the approval of the shareholders, an amendment to our amended and restated memorandum and articles of
association (A) that would modify the substance or timing of our obligation to provide holders of our Class A ordinary shares the right
to have their shares redeemed or repurchased in connection with our initial business combination or to redeem 100% of our public shares
if we do not complete our initial business combination within 24 months from the closing of this offering or (B) with respect to any
other provision relating to the rights of holders of our Class A ordinary shares. To the extent any of such amendments would be deemed
to fundamentally change the nature of the securities offered hereby, we would register, or seek an exemption from registration for, the
affected securities. We cannot assure you that we will not seek to amend our charter or governing instruments or extend the time to consummate
an initial business combination in order to effectuate our initial business combination.

If, after we distribute the proceeds in the trust account to our public shareholders, we file