Company: KOYNU
Filing Date: 2025-06-18
Form Type: S-1
Source: 0001829126-25-004586
Chunk: 298

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-06-18
Form: S-1
Chunk 298
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 services rendered to us prior to or in connection with the completion of our initial business combination but no such fees are currently contemplated. |

The above payments may be funded using the net proceeds of this offering and the sale of the private units not held in the trust account or, upon completion of the initial business combination, from any amounts remaining from the proceeds of the trust account released to us in connection therewith.

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<div align='center'>DESCRIPTION OF SECURITIES</div>

General

We are a blank check company incorporated on July 26, 2024 as a Cayman Islands exempted company (company number H-412434) under the name “CSLM Acquisition Corporation II, Ltd”, and re-named “CSLM Digital Asset Acquisition Corp III, Ltd” by special resolution, on May 23, 2025, and our affairs are governed by our memorandum and articles of association, the Companies Act and the common law of the Cayman Islands. Pursuant to our amended and restated memorandum and articles of association which will be adopted upon the consummation of this offering, we will be authorized to issue 445,000,000 Class A ordinary shares of a par value of $0.0001 each per share, 50,000,000 Class B ordinary shares of a par value of $0.0001 each per share as well as 5,000,000 preference shares of a par value of $0.0001 each per share.

Units

Public Units

Each unit consists of one Class A ordinary share and one-half of one warrant to purchase one of our Class A ordinary shares for an exercise price of $11.50 per share, subject to adjustment, as described in this prospectus. Only whole warrants are exercisable. The warrants will become exercisable 30 days after the consummation of our initial business combination. The warrants will expire at 5:00 p.m., New York City time, on the fifth anniversary of our completion of an initial business combination, or earlier upon redemption.

The Class A ordinary shares and public warrants will begin to trade separately on the 52nd day after the date of this prospectus unless the underwriter informs us of its decision to allow earlier separate trading, provided that in no event may the Class A ordinary shares, rights and warrants be traded separately until we have filed with the SEC a Current Report on Form 8-K which includes an audited balance sheet reflecting our receipt of the gross proceeds of this offering.