Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 3

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 3
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 companies with
real-world traction.

This is an initial public
offering of our securities. We are offering 20,000,000 units at an offering price of $10.00 each. Each unit consists of one Class A ordinary
share and one-half of one redeemable warrant. We refer herein to the units sold in this offering as our “public units,” and
the components thereof as our “public shares,” and “public warrants,” respectively. Each whole warrant entitles
the holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as described in this prospectus.
Each warrant will become exercisable 30 days after the completion of our initial business combination, and will expire on the fifth anniversary
of the completion of our initial business combination, or earlier upon redemption or liquidation as described in this prospectus. No
fractional warrants will be issued upon separation of the units and only whole warrants will trade. As a result, you must purchase at
least two units in order to validly exercise your warrants. We have also granted our underwriter, Cohen & Company Capital Markets,
a division of Cohen & Company Securities, LLC (“CCM”), a 45-day option to purchase up to an additional 3,000,000 units
solely to cover over-allotments, if any.

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 Class A ordinary shares that are sold as part of the public units in this offering, which we refer to collectively
as our public shares, upon the completion of our initial business combination at a per-share price, payable in cash, equal to the aggregate
amount then on deposit in the trust account described below as of two business days prior to the consummation of our initial business
combination, including interest earned on the funds held in the trust account, less taxes payable, divided by the number of then outstanding
public shares, subject to the limitations and on the conditions described herein. See “Summary — The Offering — Redemption rights for public shareholders upon completion of our initial business combination” and “Summary — The Offering — Redemption of public shares and distribution and liquidation if no initial business combination” for more information.

Notwithstanding the foregoing
redemption rights, if we seek shareholder approval of our initial business combination and we do not conduct redemptions in connection
with our initial