Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 76

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 76
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 completion of our initial business combination,” to pay all or a portion of the consideration payable to the target or                
 owners of the target of our initial business combination and to pay other expenses associated with our initial business combination.  
 If our initial business combination is paid for using equity or debt securities, or not all of the funds released from the trust      
 account are used for payment of the consideration in connection with our initial business combination, we may apply the balance of    
 the cash released to us from the trust account for general corporate purposes, including for maintenance or expansion of operations   
 of post-transaction businesses, the payment of principal or interest due on indebtedness incurred in completing our initial business  
 combination, to fund the purchase of other companies or for working capital.                                                          |

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| Redemption                                                                           
 of public shares and distribution and liquidation if no initial business combination |     | We                                                                                                                                      
 will have only 24 months from the closing of this offering to complete our initial business combination (as such period may be extended 
 by shareholder approval to amend our amended and restated memorandum and articles of association to extend the date by which we must    
 consummate our initial business combination). If we are unable to complete our initial business combination within such period, we      
 will: (1) cease all operations except for the purpose of winding up; (2) as promptly as reasonably possible but not more than ten       
 (10) business days thereafter, redeem the outstanding public shares, at a per-share price, payable in cash, equal to the aggregate      
 amount then on deposit in the trust account, including interest (which interest shall be net of taxes payable and up to $100,000        
 of interest to pay dissolution expenses), divided by the number of then issued and outstanding public shares, which redemption will     
 completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions,    
 if any), subject to applicable law; and (3) as promptly as reasonably possible following such redemption, subject to the approval       
 of our remaining shareholders and our Board of Directors, dissolve and liquidate, subject in each case to our obligations under Cayman  
 Islands law to provide for claims of creditors and the requirements of other applicable law.                                            |

| We                                                                                                                                        
 may, however, raise funds through the issuance of equity-linked securities or through loans, advances or other indebtedness in connection 
 with our initial business combination, including pursuant to forward purchase agreements or backstop arrangements we may enter into       
 following consummation