Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 343

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 343
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Our Sponsor is supported by affiliates of Meteora and/or Meteora Capital, LLC, an investment adviser specializing in SPAC-related investments (“Meteora”). Meteora’s principals have previous experience across the full lifecycle of SPACs, from the
initial public offering to the deSPAC business combination process. Meteora will act
as a consultant to the Company in connection with this offering. Meteora will be paid
by the underwriter for consulting services. Meteora is expected to purchase public units from the underwriter in this offering at the offering price. Meteora is neither
a broker-dealer nor affiliated with one and is not acting as an underwriter in connection with this
offering.

Option to Purchase Additional Public Units

We have granted the underwriter an option to buy up to an aggregate of 3,000,000 additional units. The underwriter has 45 days from the date of this prospectus to
exercise this option. If the underwriter exercises this option, it will purchase additional
public units approximately in proportion to the amounts specified in the table above.

Private Units

The underwriter will commit
to purchase from us 275,000 private units (or 316,250 private units if the over-allotment option is exercised in full) at $10.00 per unit. The
private units purchased by the underwriter have terms and provisions that are identical to the public units and the private shares
contained in the units sold in this offering except as described under “Description of Securities—Units,”
including that, subject to certain exceptions, the private units purchased by the underwriter will not be transferable, assignable
or salable until 30 days after the completion of our initial business combination. The purchases of the private units by the
underwriter will take place on a private placement basis simultaneously with the consummation of this offering. Such private units
will be considered underwriting compensation in connection with this offering. Such private units will be subject to lock-up
restrictions, as required by FINRA Rule 5110(e)(1), and may not be sold during the offering, or sold, transferred, assigned,
pledged, or hypothecated, or be the subject of any hedging, short sale, derivative, put, or call transaction that would result in
the effective economic disposition of such securities by any person for a period of 180 days immediately following the commencement
of sales of the offering, except as provided in FINRA