Company: KOYNU
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001829126-25-006117
Chunk: 177

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-08-12
Form: S-1/A
Chunk 177
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 do not support, and their interests may differ from your interests.

Our Sponsor is
managed by its two directors, Charles T. Cassel III and Vikas Mittal and is beneficially owned by 51% by Samara CSLM LLC and 49% by
CIC. CIC is owned 50% by Charles T. Cassel III and 50% by Jonathan M Binder. Samara CSLM LLC is solely owned by Vikas Mittal and his
immediate family. The economic interests of our Sponsor are currently 100% owned by Samara CSLM LLC and Consilium Investment Capital
Inc. Jonathan M. Binder and Vik Mittal serve on our board of directors. Charles T. Cassel III is also our Chief Executive Officer.
In addition, our Sponsor is owned by Consilium affiliates. As a result, Vik Mittal, Charles T. Cassel III, Jonathan M. Binder and
the Consilium affiliates may exert a substantial influence on actions requiring a shareholder vote, potentially in a manner that you
do not support, including appointment and the removal of our directors, amendments to our amended and restated memorandum and
articles of association and approval of major corporate transactions. If our Sponsor purchases any Class A ordinary shares in this
offering or in the aftermarket or in privately negotiated transactions, this would increase their influence over such
actions.

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Risks Relating to Our Securities

The securities in which we invest the funds held in the trust account could bear a negative rate of interest, which could reduce the value of the assets held in trust such that the per-share redemption amount received by public shareholders may be less than $10.00 per share.

The proceeds held in the trust account will be invested only in U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act, which invest only in direct U.S. government treasury obligations. While short-term U.S. government treasury obligations currently yield a positive rate of interest, they have briefly yielded negative interest rates in recent years. Central banks in Europe and Japan pursued interest rates below zero in recent years, and the Open Market Committee of the Federal Reserve has not ruled out the possibility that it may in the future adopt similar policies in the United States. In the event that we are unable to complete our initial business combination or make certain amendments to our amended and restated memorandum and articles of association