Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 65

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 65
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 executive officers, advisors or any of their affiliates engages in such transactions, they will not make 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 Securities Exchange Act of 1934, as amended (the “Exchange Act”). |

| Subsequent                                                                                                                                    
 to the consummation of this offering, we will adopt an insider trading policy which will require insiders to (1) refrain from                 
 purchasing securities during certain blackout periods and when they are in possession of any material non-public information and (2)          
 clear all trades with our legal counsel prior to execution. We cannot currently determine whether any of our insiders will make such          
 purchases pursuant to a Rule 10b5-1 plan, as that would be dependent upon several factors, including but not limited to, the                  
 timing and size of any such purchase. Depending on the circumstances, any of our insiders may decide to make purchases of our Class           
 A ordinary shares pursuant to a Rule 10b5-1 plan or may determine that acting pursuant to such a plan is not required under the Exchange Act. |

| We do not currently anticipate that purchases of our Class A ordinary shares by any of our Sponsor, directors, executive officers, advisors or any of their affiliates, if any, would constitute a tender offer subject to the tender offer rules under the Exchange Act or a going-private transaction subject to the going-private rules under the Exchange Act; however, if the purchasers determine at the time of any such purchases that the purchases are subject to such rules, the purchasers will comply with such rules. None of our Sponsor, directors, officers, advisors or any of their affiliates will purchase Class A ordinary shares if such purchases would violate Section 9(a)(2) or Rule 10b-5 of the Exchange Act. |

| Redemption rights for public shareholders upon completion of our initial business combination |     | We                                                                                                                                   
 will provide our public shareholders with the opportunity to redeem, regardless of whether they abstain, vote for, or vote against,  
 our initial business combination, all or a portion of their public shares upon the completion of our initial business combination at 
 a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account as of two business days prior 
 to the consummation of our initial business combination, including interest earned thereon (which interest shall be net of taxes     
 payable, if any), divided by the number of then issued and outstanding public