Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 47

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 47
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 we
expect to be most attractive for our Company.

Our advisory board members
are 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 for our Company. Such advisors’ roles with respect to our Company are expected to
be advisory in nature. Our advisory board members may have fiduciary and/or contractual duties to certain companies but do not have any
fiduciary obligations to our Company. As a result, our advisory board members may have a duty to offer business combination opportunities
to certain other companies before our Company. Additionally, certain companies affiliated with our advisory board members 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. Transactions of these types may present a conflict of interest because our advisory board members may directly
or indirectly receive a financial benefit as a result of such transaction. See “Risk Factors — Risks Related to our Team and Their Respective Affiliates and to the Post-Business Combination Company — Our advisory board members are 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 for our Company.”

Past experience or performance
of our team and our advisory board and their respective affiliates is not a guarantee of either (1) our ability to successfully identify
and execute a transaction or (2) success with respect to any business combination that we may consummate. You should not rely on the
historical record of our team or our advisory board or their respective affiliates as indicative of future performance. See “Risk Factor — Past performance of Consilium, Meteora, our team and their respective affiliates may not be indicative of future performance of an investment in the Company.” No member of our management team has any experience operating a special purpose acquisition
company.

We do not believe, based on the other companies with which our directors and officers are affiliated and their respective businesses, that the fiduciary, contractual or other obligations or duties of our officers or directors will materially affect our ability to complete our initial business combination.

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The following table sets forth the payments to be received by our Sponsor and its affiliates from us prior to or in connection with the completion of our initial business combination and the securities issued and to be issued by us to our Sponsor or its affiliates:

| Entity/Individual                |     | Amount of