Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 59

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 59
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 business combination or a tender offer conducted prior to a business combination or in connection with it; and (2) to waive their    
 rights to liquidating distributions from the trust account with respect to their founder shares and private shares if we fail to     
 complete our initial business combination within 24 months from the closing of this offering, although they will be entitled to      
 liquidating distributions from the trust account with respect to any public shares they hold if we fail to complete our initial      
 business combination within the prescribed time frame. If we submit an initial business combination to our shareholders for a vote,  
 we will complete our initial business combination only if a majority of the ordinary shares, represented in person or by proxy and   
 entitled to vote thereon, voted at a shareholder meeting are voted in favor of the business combination. Our initial shareholders    
 have agreed to vote any Class A and Class B ordinary shares held by them in favor of such initial business combination. As a result, 
 in addition to the founder shares and private shares, we would need approximately ______ public shares, or approximately ____% of    
 the 20,000,000 public shares sold in this offering, to be voted in favor of a transaction (assuming all issued and outstanding       
 shares are voted, the over-allotment option is not exercised and 1,000,000 founder shares have been forfeited) in order to have such 
 initial business combination approved. Assuming that only the holders of one-third of our issued and outstanding ordinary shares,    
 representing a quorum under our amended and restated memorandum and articles of association, vote their shares, we will not need any 
 public shares in addition to our founder shares and the private shares held by our Sponsor to be voted in favor of an initial        
 business combination in order to approve an initial business combination. In addition Meteora Capital, for which Mr. Mittal          
 serves as the Managing Member and Chief Investment Officer, Consilium or their affiliates may also purchase additional public shares 
 which they have agreed to vote in favor of a transaction.                                                                            |

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| Expressions of Interest |     | The non-managing Sponsor investors have expressed                                                                                           
 to us an interest in purchasing up to an aggregate of approximately [_____] public units in this offering at the offering price (assuming   
 the exercise in full of the underwriter’s over-allotment option). None of the non-managing Sponsor investors has expressed to us            
 an interest in purchasing more than 9.9% of the units to