Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 211

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 211
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 on executive compensation and shareholder approval
of any golden parachute payments not previously approved, (iii) comply with any requirement that may be adopted by the PCAOB regarding mandatory audit
firm rotation or a supplement to the auditor’s report providing additional information about the audit and the financial statements
(auditor discussion and analysis), and (iv) disclose certain executive compensation related items such as the correlation between
executive compensation and performance and comparisons of the Chief Executive Officer’s compensation to median employee compensation. These exemptions will apply for a
period of five years following the completion of this offering or until we are no
longer an “emerging growth company,” whichever is earlier.

<div align='center'>121</div>

<div align='center'>PROPOSED BUSINESS</div>

General

We are a newly incorporated blank check company formed as a Cayman Islands exempted
company for the purpose of effecting a merger, share exchange, asset acquisition,
share purchase, reorganization or similar business combination with one or more businesses
or entities, which we refer to throughout this prospectus as our initial business
combination. We have not identified any specific business combination target and we
have not, nor has anyone on our behalf, engaged in any substantive discussions, directly
or indirectly, with any business combination target with respect to an initial business
combination with us.

Our efforts to identify a potential initial business combination target will focus
on companies operating in the “new economy sectors”, which we broadly define as those
in technology, financial services, or media and that are located in Frontier Growth
Markets (as defined herein). While we may pursue an initial business combination opportunity
in any country or sector, we intend to capitalize on decades of experience of our management team and board to identify, acquire and manage a business or businesses that we believe can benefit
from their long-established relationships and expertise of having operated a successful investment management
business in these regions. Our management team and board have extensive experience
in identifying and executing investments at the global scale successfully across a
number of sectors, and countries less followed by traditional investment managers. Given our management team and board members perspective on technology, quantum computing
and other growth industries, having looked at over a thousand acquisition targets
over the past decade, we will be examining in particular opportunities in artificial
intelligence (“AI”) as well as in the rapidly growing crypto and decentralized finance
(“DeFi”) areas. For example, CSLM Acquisition Corp. is has entered into a definitive
agreement with Fusemach