Company: KOYNU
Filing Date: 2025-07-08
Form Type: S-1/A
Source: 0001829126-25-004923
Chunk: 186

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-08
Form: S-1/A
Chunk 186
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 without taking into account any other potential impacts on our valuation at such time, such as the trading price of our public shares, the business combination transaction costs, any equity issued or cash paid to the target’s equity holders or other third parties, or the target’s business itself, including its assets, liabilities, management and prospects, or the impact of our public warrants and the private warrants. At such valuation, our Class A ordinary shares would have an implied value of $7.00 per share upon consummation of our initial business combination, which would be a 30.0% decrease as compared to the initial implied value per public share of $10.00 (the price per unit in this offering, assuming no value is ascribed to the public warrants).

| Public shares                                                                       |     |   |  20,000,000 |
| Founder shares(1)                                                                   |     |   |   6,666,667 |
| Private Units                                                                       |     |   |     775,000 |
| Total shares                                                                        |     |   |  27,441,667 |
| Total funds in trust available for initial business combination                     |     | $ | 192,000,000 |
| Public shareholders’ investment per Class A ordinary share                          |     | $ |       10.00 |
| Sponsor’s investment per Class B ordinary share(2)                                  |     | $ |       0.003 |
| Initial implied value per public share                                              |     | $ |       10.00 |
| Implied value per public share upon consummation of initial business combination(3) |     | $ |        7.00 |

| (1) | Assumes that the over-allotment option has not been exercised and an aggregate of 1,000,000 founder shares have been surrendered for no consideration by our Sponsor as a result thereof. |

| (2) | The total investment in the equity of the Company by the Sponsor and CCM is $7,750,000, consisting of (i) $25,000 paid by the Sponsor for the founder shares, (ii) $5,000,000 paid by the Sponsor for 500,000 units and (iii) $2,750,000 paid by CCM for 275,000 private units. For purposes of this table, the full investment amount is ascribed to the founder shares only. |

| (3) | All founder shares would automatically convert into Class A ordinary shares upon completion of our initial business