Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 393

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 393
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 these assets in this form is intended to be temporary and for the sole purpose of
facilitating the intended Business Combination. To mitigate the risk that the Company might be deemed to be an investment company for
purposes of the Investment Company Act, which risk increases the longer that the Company holds investments in the Trust Account, the
Company may, at any time (based on the management team’s ongoing assessment of all factors related to the Company’s potential
status under the Investment Company Act), instruct the trustee to liquidate the investments held in the Trust Account and instead to
hold the funds in the Trust Account in cash or in an interest bearing demand deposit account at a bank. Except with respect to interest
earned on the funds held in the Trust Account that may be released to the Company to pay its taxes, if any, the proceeds from the Proposed
Public Offering and the sale of the Private Units will not be released from the Trust Account until the earliest of (i) the completion
of the Company’s initial Business Combination, (ii) the redemption of the Company’s Public Shares if the Company is unable
to complete the initial Business Combination within 24 months from the closing of the Proposed Public Offering or by such earlier liquidation
date as the Company’s board of directors may approve (the “Completion Window”), subject to applicable law, or (iii)
the redemption of the Company’s Public Shares properly submitted in connection with a shareholder vote to amend the Company’s
amended and restated memorandum and articles of association to (A) modify the substance or timing of the Company’s obligation to
allow redemption in connection with the initial Business Combination or to redeem 100% of the Company’s Public Shares if the Company
has not consummated an initial Business Combination within the Completion Window or (B) with respect to any other material provisions
relating to shareholders’ rights or pre-initial Business Combination activity. The proceeds deposited in the Trust Account could
become subject to the claims of the Company’s creditors, if any, which could have priority over the claims of the Company’s
public shareholders.

The Company will provide the Company’s public
shareholders with the opportunity to redeem all or a portion of their Public Shares, regardless of whether they abstain, vote for, or
vote against, our initial Business Combination upon completion of our initial Business Combination either (i) in connection with a general
meeting called to approve the initial Business Combination or (ii) without a shareholder vote by means of a tender offer. The decision
as