Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 297

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 297
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 right holders to obtain
a favorable judicial forum for disputes with our Company.” We will waive any objection
to such exclusive jurisdiction and that such courts represent an inconvenient forum.
Notwithstanding the foregoing, these provisions of the rights agreement will not apply
to suits brought to enforce any liability or duty created by the Exchange Act or any
other claim for which the federal district courts of the United States of America
are the sole and exclusive forum. Any person or entity purchasing or otherwise acquiring
any interest in any of our rights shall be deemed to have notice of and to have consented
to the forum provisions in our rights agreement.

Preference Shares

There are no preference
shares outstanding. Our amended and restated memorandum and articles of association will authorize the issuance of 5,000,000 preference
shares with such designation, rights and preferences as may be determined from time to time by our Board of Directors. No preference
shares are being issued or registered in this offering. Accordingly, our Board of Directors is empowered, without shareholder approval,
to issue preference shares with dividend, liquidation, conversion, voting or other rights which could adversely affect the voting power
or other rights of the holders of ordinary shares. However, the underwriting agreement will prohibit us, prior to a business combination,
from issuing preference shares which participates in any manner in the proceeds of the trust account, or which votes as a class with
the ordinary shares on a business combination. We may issue some or all of the preference shares to effect a business combination. In
addition, the preference shares could be utilized as a method of discouraging, delaying or preventing a change in control of us. Although
we do not currently intend to issue any preference shares, we cannot assure you that we will not do so in the future.

Register of Members

Under the Companies Act, we must keep a register of members and there should be entered
therein:

| ● | the names and addresses of the members of the Company, a statement 
 of the shares held by each member, which:                          |

| ● | distinguishes each share by its number (so long as the share has a number); |

| ● | confirms the amount paid, or agreed to be considered as paid, on the shares of each 
 member;                                                                             |

| ● | confirms the number and category of shares held by each member; and |

| ● | confirms whether each relevant category of shares held by a member carries voting 
 rights under the Articles, and if so, whether such voting rights are conditional