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

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-08
Form: S-1/A
Chunk 25
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 non-managing members. As a result, non-managing Sponsor investors will have no right to control the Sponsor, or participate in any decision regarding the disposal of any security held by the Sponsor, or otherwise.

Funds and accounts managed by, or otherwise affiliated with, our Sponsor may participate in this offering and purchase units at the offering price. These affiliated funds are not obligated to participate, and the extent of their participation may be significant relative to the overall size of the offering. As a result, a substantial portion of the units sold in this offering may be held by affiliates of the Sponsor. This participation by affiliated entities may reduce the available public float of our securities, which could limit liquidity in the market for our units, Class A ordinary shares, or warrants following the offering. Additionally, because these affiliated purchasers may have different investment horizons, liquidity needs, or strategic interests than other investors, their participation may not align with the interests of unaffiliated public shareholders. Furthermore, to the extent that affiliated entities hold a material portion of the units and subsequently choose to redeem their public shares in connection with our initial business combination, this could reduce the amount of cash available to the combined company.

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Sponsor’s Securities and Compensation The table below summarizes (i) the amount of founder shares and private units issued or to be issued to the Sponsor in connection with this offering and the price paid or to be paid by the Sponsor for such securities, and (ii) the main items of compensation received or to be received by the Sponsor or our affiliates:

|                                                      |     | Description                                                                                                                                                            |     | Price Paid or Payable   |
| Number of founder shares                             |     | 7,666,667 founder shares (of which 1,000,000 are subject to surrender for no consideration to the extent the underwriter does not exercise its over-allotment option)* |     | $0.003 per share        |
| Number of private units                              |     | 500,000 private units (or 575,000 private units if the underwriter’s over-allotment option is exercised in full)                                                       |     | $10.00 per private unit |
| Office space and general and administrative services |     | Monthly payments to our Sponsor                                                                                                                                        |     | $30,000 per month       |
| Working Capital Loans                                |     | Up to $1,500,000 convertible into private units at a price of $10.00 per unit                                                                                          |     | Not applicable