Company: KOYNU
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001829126-25-006117
Chunk: 436

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-08-12
Form: S-1/A
Chunk 436
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 Business Combination.

Note 5 — Segment Information

ASC Topic 280, Segment Reporting, establishes
standards for companies to report, in their financial statements, information about operating segments, products, services, geographic
areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities from which
it may recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated by
the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess performance.

The Company’s CODM has been identified as
the Chief Financial Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources
and assessing financial performance. Accordingly, management has determined that the Company only has one reportable segment.

The CODM assesses performance for the single segment
and decides how to allocate resources based on net income or loss that also is reported on the statement of operations as net income
or loss. The measure of segment assets is reported on the balance sheet as total assets. When evaluating the Company’s performance
and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total
assets, which include the following:

|                |     |   | March 31, 
      2025 |     |   | December 31, 
         2024 |
|:---------------|:----|:--|----------:|:----|:--|-------------:|
| Cash           |     | $ |    25,000 |     | $ |            - |
| Deferred       
 offering costs |     | $ |    85,281 |     | $ |       35,480 |

|                                     |     |   |            For the 
 Three Months Ended 
          March 31, 
               2025 |   |     |   |             For the 
         Period from 
            July 26, 
                2024 
 (inception) through 
        December 31, 
                2024 |   |
|:------------------------------------|:----|:--|-------------------:|:--|:----|:--|--------------------:|:--|
| Formation,                          
 general and administrative expenses |     | $ |             31,587 |   |     | $ |              22,820 |   |
| Net                                 
 Loss                                |     | $ |            (31,587 | ) |     | $ |             (