Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 66

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 66
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 shares, subject to the limitations described           
 herein.                                                                                                                              |

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| The amount in the trust account is initially anticipated to be $10.05 per public share. There will be no redemption rights upon the completion of our initial business combination with respect to our warrants. Our initial shareholders have entered into agreements with us, pursuant to which they will agree to waive their redemption rights with respect to their founder shares and private shares held by them in connection with the consummation of our initial business combination. The non-managing sponsor investors are not required to (i) hold any units, Class A ordinary shares, public warrants, or public rights they may purchase in this offering or thereafter for any amount of time, (ii) vote any Class A ordinary shares they may own at the applicable time in favor of our initial business combination or (iii) refrain from exercising their right to redeem their public shares at the time of our initial business combination. The non-managing sponsor investors will have the same rights to the funds held in the trust account with respect to the Class A ordinary shares underlying the public units they may purchase in this offering as the rights afforded to our other public shareholders. However, if the non-managing sponsor investors purchase any units in this offering or otherwise hold a substantial number of our units, then the non-managing sponsor investors will potentially have different interests than our other public shareholders in approving our initial business combination and otherwise exercising their rights as public shareholders because of their indirect ownership of founder shares as further discussed in this prospectus. |

| Manner of conducting redemptions |     | We                                                                                                                                                                                                                                                       
 will provide our public shareholders with the opportunity to redeem, regardless of whether they abstain, vote for, or vote against,                                                                                                                      
 our initial business combination, all or a portion of their public shares upon the completion of our initial business combination                                                                                                                        
 either (1) in connection with a shareholder meeting called to approve the business combination or (2) by means of a tender offer.                                                                                                                        
 The decision as to whether we will seek shareholder approval of a proposed business combination or conduct a tender offer will be                                                                                                                        
 made by us, solely in our discretion, and will be based on a variety of factors such as the timing of the transaction and whether                                                                                                                        
 the terms of the transaction would require us to seek shareholder approval under applicable law or stock exchange listing requirement. Asset acquisitions and share purchases would not typically require shareholder approval while direct mergers with 
 our Company where we do