Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 242

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 242
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 potential due to their geographical size, favorable population trends       
 and the emergence of a middle-class in certain countries.                                                                              |

| ● | Strong management team and culture. We will look to partner with a passionate, experienced                                          
 management team that is capable of scaling a business. We will also evaluate ways to support the team in its transition to becoming 
 a U.S.-listed company and beyond.                                                                                                   |

| ● | Market leadership. We will seek to combine with a company with a leading position in its geography,                                
 market share, volume, technology, product capabilities, or other attributes across an industry or segment, significant barriers to 
 entry and a sustainable competitive advantage.                                                                                     |

| ● | Attractive valuation. We believe that valuations of some companies in Frontier Growth Markets                                     
 are discounted relative to U.S. peers. We look to seek an acquisition of a company that has potential to grow valuation levels in 
 line with its global peers.                                                                                                       |

| ● | Focus on ESG and social empowerment. We will look for companies focused on making a positive        
 impact across a variety of ESG themes within Frontier Growth Markets, as well as on a larger scale. |

Our Acquisition Process

In evaluating a prospective
target business, we expect to conduct a due diligence review which may encompass, among other things, meetings with incumbent management
and employees, document reviews, interviews of customers and suppliers, inspection of facilities, as applicable, as well as a review
of financial, operational, legal and other information about the target and its industry which will be made available to us. If we determine
to move forward with a particular target, we will proceed to structure and negotiate the terms of the business combination transaction.

The time required to select
and evaluate a target business and to structure and complete our initial business combination, and the costs associated with this process,
are not currently ascertainable with any degree of certainty. Any costs incurred with respect to the identification and evaluation of,
and negotiation with, a prospective target business with which our initial business combination is not ultimately completed will result
in our incurring losses and will reduce the funds available for us to use to complete another business combination.

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Our ability to identify
and evaluate a target company may be impacted by significant competition among other SPACs in pursuing a business combination transaction
candidate and the significant competition may impact the attractiveness of the acquisition terms that we will be able to negotiate.

We have not selected any business
combination target, and we have