Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 390

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 390
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   |     |                     |       - |   |
| Accrued expenses                                                                       |     |                    |  (4,556 | ) |     |                     |  11,426 |   |
| Net cash provided                                                                      
 by (used in) operating activities                                                      |     |                    |       - |   |     |                     |       - |   |
| Cash Flows from                                                                        
 Financing Activities:                                                                  |     |                    |         |   |     |                     |         |   |
| Proceeds from                                                                          
 issuance of Class B ordinary shares                                                    |     |                    |  25,000 |   |     |                     |       - |   |
| Net cash provided                                                                      
 by financing activities                                                                |     |                    |  25,000 |   |     |                     |       - |   |
| Net change in cash                                                                     |     |                    |  25,000 |   |     |                     |       - |   |
| Cash, beginning                                                                        
 of the period                                                                          |     |                    |       - |   |     |                     |       - |   |
| Cash,                                                                                  
 end of the period                                                                      |     | $                  |  25,000 |   |     | $                   |       - |   |
| Supplemental disclosure                                                                
 of non-cash financing activities:                                                      |     |                    |         |   |     |                     |         |   |
| Deferred offering                                                                      
 costs included in accrued offering costs                                               |     | $                  |  85,281 |   |     | $                   |  35,480 |   |
| Formation,                                                                             
 general and administrative costs paid by Sponsor under promissory note – related party |     | $                  |       - |   |     | $                   |  11,394 |   |

<div align='center'>The accompanying notes are an integral part of these
financial statements.

F-6</div>

<div align='center'>CSLM Digital Asset Acquisition Corp III, Ltd

NOTES TO FINANCIAL STATEMENTS

March 31, 2025</div>

Note 1 — Organization and Business Operations

CSLM Digital Asset Acquisition Corp III, Ltd
(formerly known as, CSLM Acquisition Corporation II, Ltd) (the “Company”) is a blank check company incorporated as a Cayman
Islands exempted company on July 26, 2024. The Company was incorporated for the purpose of entering into a merger, share exchange,