Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 245

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 245
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Our Sponsor is managed by its
two directors, Charles T. Cassel III and Vikas Mittal and is legally and beneficially owned (i) 51% by Samara CSLM LLC and (ii) 49% by
Consilium Investment Capital Inc. Consilium Investment Capital Inc. is legally and beneficially owned 50% by Mr. Cassel and 50%
by Mr. Binder. Samara CSLM LLC, a Delaware limited liability company, is legally and beneficially owned solely by Vikas Mittal and
his immediate family. As a result, Mr. Cassel, Mr. Binder, and Mr. Mittal may exert a substantial influence on other actions
requiring a shareholder vote, potentially in a manner that you do not support, including the appointment and 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. See “Risk Factors — Risks Related to our Team and Their Respective Affiliates and to the Post-Business Combination Company.

Consilium may become aware
of a potential business combination opportunity that may be an attractive opportunity for our Company. Consilium and our Company may
each assess opportunities within Frontier Growth Markets. In particular, CIM manages two products targeted at Frontier Growth Markets.
The Fund focuses on listed equities opportunities within Frontier Growth Markets. EOF focuses on less liquid opportunities within Frontier
Growth Markets, and targets a three-year time horizon to extract value from companies that are relatively unknown. Consilium is not under
any obligation to source any potential opportunities for our initial business combination or refer any such opportunities to our Company
or provide any other services to our Company. Consilium’s role with respect to our Company is expected to be advisory in nature.
Consilium may have fiduciary and/or contractual duties to its investment vehicles and to companies in which Consilium has invested. As
a result, Consilium may have a duty to offer business combination opportunities to certain Consilium funds, other investment vehicles
or other entities before other parties, including our Company. Additionally, certain companies in which Consilium has invested may enter
into transactions with, provide goods or services to, or receive goods or services from an entity with which we seek to complete our
initial business combination.