Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 265

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 265
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 requirement would otherwise not be met.
Any such purchases of our securities may result in the completion of our initial business combination that may not otherwise have been
possible.

In addition, if such purchases
are made, the public “float” of our securities may be reduced and the number of beneficial holders of our securities may
be reduced, which may make it difficult to maintain or obtain the quotation, listing or trading of our securities on a national securities
exchange.

Our sponsor, initial shareholders,
directors, officers, advisors and their affiliates anticipate that they may identify the shareholders with whom our sponsor, initial
shareholders, directors, officers, advisors and their affiliates may pursue privately negotiated transactions by either the shareholders
contacting us directly or by our receipt of redemption requests submitted by shareholders (in the case of Class A ordinary shares)
following our mailing of proxy materials in connection with our initial business combination. To the extent that our sponsor, initial
shareholders, directors, officers, advisors and their affiliates enter into a private transaction, they would identify and contact only
potential selling or redeeming shareholders who have expressed their election to redeem their shares for a pro rata share of the trust
account or vote against our initial business combination, whether or not such shareholder has already submitted a proxy with respect
to our initial business combination but only if such shares have not already been voted at the general meeting related to our initial
business combination. Our sponsor, initial shareholders, directors, officers, advisors and their affiliates will select which shareholders
to purchase shares from based on the negotiated price and number of shares and any other factors that they may deem relevant, and will
be restricted from purchasing shares if such purchases do not comply with Regulation M under the Exchange Act and the other
federal securities laws.

Our sponsor, initial shareholders,
directors, officers, advisors and their affiliates will be restricted from making purchases of shares if the purchases would violate
Section 9(a)(2) or Rule 10b-5 of the Exchange Act. Any such purchases will be reported pursuant to Section 13
and Section 16 of the Exchange Act to the extent such purchasers are subject to such reporting requirements. Additionally,
in the event our sponsor, initial shareholders, directors, officers, advisors and their affiliates were to purchase public shares from
public shareholders, such purchases would be structured in compliance with the requirements of Rule 14e-5 under the Exchange Act
including, in pertinent part, through adherence to the following:

| ● | our registration statement/proxy statement filed