Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 406

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 406
---
 reviews several key metrics included in net income or loss and total
assets, which include the following:

|                   |     |   | March 31, 
      2025 |     |   | December 31, 
         2024 |
|:------------------|:----|:--|----------:|:----|:--|-------------:|
| Cash              |     | $ |    25,000 |     | $ |            - |
| Deferred offering 
 costs             |     | $ |    85,281 |     | $ |       35,480 |

|                                     |     |   |            For the 
 Three Months Ended 
          March 31, 
               2025 |   |     |   |             For the 
         Period from 
            July 26, 
                2024 
 (inception) through 
        December 31, 
                2024 |   |
|:------------------------------------|:----|:--|-------------------:|:--|:----|:--|--------------------:|:--|
| Formation,                          
 general and administrative expenses |     | $ |             31,587 |   |     | $ |              22,820 |   |
| Net                                 
 Loss                                |     | $ |            (31,587 | ) |     | $ |             (22,820 | ) |

<div align='center'>F-15</div>

The CODM reviews formation, general and administrative
costs to manage and forecast cash to ensure enough capital is available to complete a business combination or similar transaction within
the business combination period. The CODM also reviews formation, general and administrative costs to manage, maintain and enforce all
contractual agreements to ensure costs are aligned with all agreements and budget. Formation, general and administrative costs, as reported
on the statement of operations, are the significant segment information provided to the CODM on a regular basis. All other segment items
included in net income or loss are reported on the statement of operations and described within their respective disclosures.

The CODM reviews the position of total assets available
with the company to assess if the Company has sufficient resources available to discharge its liabilities. The CODM is provided with
details of cash and liquid resources available with the Company. Additionally, the CODM regularly reviews the status of deferred costs
incurred to assess if these are in line with the planned use of proceeds to be raised from the public offering.

Note 6 — Related Party