Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 170

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 170
---
, subject to compliance
with applicable law and Nasdaq rules. However, they have no current commitments, plans or intentions to engage in such transactions and
have not formulated any terms or conditions for any such transactions. None of the funds held in the trust account will be used to purchase
public shares in such transactions. Such persons will be subject to restrictions in making any such purchases when they are in possession
of any material non-public information not disclosed to the seller or if such purchases are prohibited by Regulation M under the Exchange
Act.

The purpose of any such purchases
of shares could be to (i) increase the likelihood of obtaining shareholder approval of the business combination or (ii) to satisfy a
closing condition in an agreement with a target that requires us to have a minimum net worth or a certain amount of cash at the closing
of the business combination, where it appears that such requirement would otherwise not be met. Any such transactions may result in the
completion of our business combination that may not otherwise have been possible.

In addition, if such purchases
are made, the public “float” of our securities may be reduced and the number of beneficial holders of our securities may
be reduced, which may make it difficult to maintain or obtain the quotation, listing or trading of our securities on a national securities
exchange.

Our initial shareholders, directors,
officers, advisors and/or their affiliates anticipate that they may identify the shareholders with whom our initial shareholders, directors,
officers, advisors or their affiliates may pursue privately negotiated purchases by either the shareholders contacting us directly or
by our receipt of redemption requests submitted by shareholders (holding Class A ordinary shares) following our mailing of proxy materials
in connection with our initial business combination. To the extent that our initial shareholders, directors, officers, advisors or their
affiliates enter into a private purchase, they would identify and contact only potential selling shareholders who have expressed their
election to redeem their shares for a pro rata share of the trust account or vote against our initial business combination, whether or
not such shareholder has already submitted a proxy with respect to our initial business combination but only if such shares have not
already been voted at the general meeting related to our initial business combination. Our initial shareholders, directors, officers,
advisors or their affiliates will select which shareholders to purchase shares from based on the negotiated price and number of shares
and any other factors that they may deem relevant, and will only purchase shares if such purchases comply with Regulation M under the
Exchange Act and the other