Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 227

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 227
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 by us to our Sponsor or its affiliates:

| Entity/Individual |     | Amount of Compensation to be Received or                                                                                          
 Securities Issued or to be Issued                                                                                                 |     |                                                                                Consideration Paid or to be Paid |
| Sponsor           |     | 7,666,667 Class B Ordinary shares(1)                                                                                              |     |                                                                                                         $25,000 |
|                   |     | 500,000 Private Units(1)                                                                                                          |     |                                                                                                      $5,000,000 |
|                   |     | Up to $300,000                                                                                                                    |     |             Repayment of loans made to us by our Sponsor to cover offering-related and organizational expenses. |
|                   |     | Up to $1,500,000 in working capital loans may be convertible into private units at a price of $10.00 per unit                     |     | Working capital loans to finance transaction costs in connection with an intended initial business combination. |
|                   |     | Reimbursement for any out-of-pocket expenses related to identifying, investigating and completing an initial business combination |     |          Services in connection with identifying, investigating and completing an initial business combination. |
| Sponsor           |     | $20,000 per month                                                                                                                 |     |                                              Office space, administrative and shared personnel support services |

| (1) | Assumes no exercise of the over-allotment option and the full                                                                             
 surrender for no consideration of 1,000,000 founder shares that are subject to surrender for no consideration by our initial shareholders 
 depending on the extent to which the underwriter’s over-allotment option is exercised.                                                    |

The low price that our Sponsor,
executive officers and directors (directly or indirectly) paid for the founder shares creates an incentive whereby our officers and directors
could potentially make a substantial profit even if we select an acquisition target that subsequently declines in value and is unprofitable
for public shareholders. If we are unable to complete our initial business combination within the completion window, or by such earlier
liquidation date as our board of directors may approve, the founder shares and private shares will be worthless, except to the extent
they receive liquidating distributions from assets outside the trust account. Additionally, we will repay up to $300,000 in loans made
to us by our Sponsor to cover offering-related and organizational expenses and we will pay our Sponsor’s affiliate an amount equal
to $20,000 per month for company administration, office space, utilities, and secretarial and administrative