Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 312

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 312
---
 consists of one Class
A ordinary share and one-half of one warrant to purchase one of our Class A ordinary shares for an exercise price of $11.50 per share,
subject to adjustment, as described in this prospectus. Only whole warrants are exercisable. The warrants will become exercisable 30
days after the consummation of our initial business combination. The warrants will expire at 5:00 p.m., New York City time, on the fifth
anniversary of our completion of an initial business combination, or earlier upon redemption.

The Class A ordinary shares
and public warrants will begin to trade separately on the 52nd day after the date of this prospectus unless the underwriter informs us
of its decision to allow earlier separate trading, provided that in no event may the Class A ordinary shares, rights and warrants be
traded separately until we have filed with the SEC a Current Report on Form 8-K which includes an audited balance sheet reflecting our
receipt of the gross proceeds of this offering. Once the Class A ordinary shares and warrants commence separate trading, holders will
have the option to continue to hold units or separate their units into the component securities.

We will file a Current Report
on Form 8-K which includes an audited balance sheet promptly upon the consummation of this offering. The audited balance sheet will reflect
proceeds we receive from the exercise of the over-allotment option, if the over-allotment option is exercised on the date of this prospectus.
If the over-allotment option is exercised after the date of this prospectus, we will file an amendment to the Form 8-K to provide updated
financial information to reflect the exercise of the over-allotment option. We will also include in this Form 8-K, an amendment thereto,
or in a subsequent Form 8-K information indicating if the underwriter has allowed separate trading of the Class A ordinary shares and
warrants prior to the 52nd day after the date of this prospectus.

Private Units

The private units (including
the component securities of such private units as well as any securities underlying such component securities) will not be transferable,
assignable or salable until 30 days after the completion of our initial business combination (except, among other limited exceptions
as described under “Principal Shareholders,” to our officers and directors and other persons or entities affiliated
with the Sponsor). Otherwise, the private units have terms and provisions that are identical to the public units