Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 354

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 354
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274 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”), (ii) to a relevant person pursuant to Section 275(1), or any person pursuant to Section 275(1A), and in accordance with the conditions specified in Section 275, of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable
provision of the SFA.

Where the securities are subscribed or purchased under Section 275 of the SFA by a relevant person which is:

| ● | a corporation (which is not an accredited investor (as defined in Section 4A of the SFA)) the sole business of which is to hold investments and the entire share 
 capital of which is owned by one or more individuals, each of whom is an accredited                                                                              
 investor; or                                                                                                                                                     |

| ● | a trust (where the trustee is not an accredited investor) whose sole purpose is to                                                                                                        
 hold investments and each beneficiary of the trust is an individual who is an accredited                                                                                                  
 investor, securities (as defined in Section 239(1) of the SFA) of that corporation or the beneficiaries’ rights and interest (howsoever described) in that trust shall not be transferred 
 within six months after that corporation or that trust has acquired the securities                                                                                                        
 pursuant to an offer made under Section 275 of the SFA except:                                                                                                                            |

| (i) | to an institutional investor or to a relevant person defined in Section 275(2) of the SFA, or to any person arising from an offer referred to in Section 275(1A) or Section 276(4)(i)(B) of the SFA; |

| (ii) | where no consideration is or will be given for the transfer; |

| (iii) | where the transfer is by operation of law; |

| (iv) | as specified in Section 276(7) of the SFA; or |

| (v) | as specified in Regulation 32 of the Securities and Futures (Offers of Investments) 
 (Shares and Debentures) Regulations 2005 of Singapore.                              |

Notice to Prospective Investors in the Cayman Islands

No offer or invitation, whether directly or indirectly may be made to the public in
the Cayman Islands to subscribe for our securities.

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<div align='center'>LEGAL MATTERS</div>

Loeb & Loeb LLP, is acting as