Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 348

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 348
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 the underwriter make any representation that the
underwriter will engage in these stabilization transactions or that any transaction,
once commenced, will not be discontinued without notice.

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Determination of Offering Price

Prior to this offering,
there was no public market for our units. The initial public offering price will be determined by negotiation between us and the underwriter.
The principal factors to be considered in determining the initial public offering price include:

| ● | the information set forth in this prospectus and otherwise available to the underwriter; |

| ● | our history and prospects and the history and prospects for the industry in which 
 we compete;                                                                       |

| ● | our past and present financial performance; |

| ● | our prospects for future earnings and the present state of our development; |

| ● | the general condition of the securities market at the time of this offering; |

| ● | the recent market prices of, and demand for, publicly traded units of generally comparable 
 companies; and                                                                             |

| ● | other factors deemed relevant by the underwriter and us. |

The estimated public offering price range set forth on the cover page of this preliminary
prospectus is subject to change as a result of market conditions and other factors.
Neither we nor the underwriter can assure investors that an active trading market
will develop for our units, rights, warrants or Class A ordinary shares or that the units will trade in the public market at or above the
initial public offering price.

Affiliations

The underwriter and its affiliates are full service financial institutions engaged
in various activities, which may include securities trading, commercial and investment
banking, financial advisory, investment management, investment research, principal
investment, hedging, financing and brokerage activities. The underwriter and its affiliates
may from time to time in the future engage with us and perform services for us or
in the ordinary course of their business for which they will receive customary fees
and expenses. In the ordinary course of their various business activities, the underwriter
and its affiliates may make or hold a broad array of investments and actively trade
debt and equity securities (or related derivative securities) and financial instruments
(including bank loans) for their own account and for the accounts of their customers,
and such investment and securities activities may involve securities and/or instruments
of us. The underwriter and its affiliates may also make investment recommendations
and/or publish or express independent research views in respect of these securities
or instruments and may at any