Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 416

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 416
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 $0.003 per share, up to 1,000,000 of which will be surrendered
to us for no consideration after the closing of this offering depending on the extent to which the underwriter’s over-allotment
option is exercised, which will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation
of our initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments
described herein. Our Sponsor has committed, pursuant to a Securities Transfer Agreement that will close immediately prior to effectiveness
of the registration statement of which this prospectus forms a part, to transfer 20,000 founder shares (or 100,000 in the aggregate)
to each of the Company’s director nominees, Christopher Bradley, Brian Rudick, Mathew August, Danel Calvillo Armendariz and Dr.
Jim Kyung Soo Liew, for the sum of $0.003 per share. Such securities were issued in connection with our organization pursuant to the
exemption from registration contained in Section 4(a)(2) of the Securities Act. The number of founder shares outstanding was determined
based on the expectation that the total size of this offering would be a maximum of 23,000,000 units if the underwriter’s over-allotment
option is exercised in full and therefore that such founder shares would represent 25% of the outstanding shares after this offering
(excluding any shares underlying the private units). Up to 1,000,000 of these shares will be surrendered for no consideration depending
on the extent to which the underwriter’s over-allotment option is exercised.

In addition, the Sponsor
and the underwriter in this Offering has committed to purchase an aggregate of up to 775,000 private units at $10.00 per private unit
in a private placement that will close simultaneously with this offering with each private unit consisting of one Class A ordinary share
of the Company and one-half of one warrant to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share.
This issuance will be made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.

Our Sponsor and the underwriter
are accredited investors for purposes of Rule 501 of Regulation D. No underwriting discounts or commissions were paid with respect
to such sales.

Item 16. Exhibits and Financial Statement Schedules.

| (a) | Exhib