Company: KOYNU
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001829126-25-009093
Chunk: 0

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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CSLM Digital Asset Acquisition Corp III, Ltd

CONDENSED BALANCE SHEETS

    September 30, 2025

    December 31, 2024

    (Unaudited)

    (Audited)

    Assets:

    Current assets

    Cash
     
    $
    3,526,414

    $
    -

    Due from related party

    2,322

    -

    Prepaid expenses – current

    100,860

    -

    Total current assets

    3,629,596

    -

    Non-current assets

    Treasury Securities held in Trust Account

    230,876,657

    -

    Prepaid expenses – non-current

    68,014

    -

    Deferred offering costs

    -

    35,480

    Total non-current assets

    230,944,671

    35,480

    Total Assets
     
    $
    234,574,267

    $
    35,480

    Liabilities, Class A Ordinary Shares Subject to Redemption, and Shareholders’ Deficit:

    Current liabilities

    Accounts payable
     
    $
    112,333

    $
    -

    Accrued expenses

    34,839

    11,426

    Accrued offering costs

    -

    35,480

    Promissory note – related party

    -

    11,394

    Total current liabilities

    147,172

    58,300

    Non-current liabilities

    Deferred underwriting commissions

    9,200,000

    -

    Total non-current liabilities

    9,200,000

    -

    Total Liabilities

    9,347,172

    -

    Commitments and Contingencies (Note 7)

    Class A ordinary shares subject to possible redemption, $0.0001 par value; 23,000,000 and 0 shares issued and outstanding at redemption value as of September 30, 2025 and December 31, 2024, respectively

    230,876,657

    -

    Shareholders’ Deficit

    Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding  as of September 30, 2025 and December 31, 2024, respectively

    -

    -

    Class A ordinary shares,