Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 253

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 253
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 no substantive discussions, directly or indirectly, between any of our officers, directors, promoters and other affiliates
on our behalf and any of their contacts or relationships regarding a potential initial business combination with our Company. Additionally,
we have not engaged or retained any agent or other representative to identify or locate any suitable acquisition candidate for us. As
a result, we cannot assure you that we will be able to locate a target business or that we will be able to engage in a business combination
with a target business on favorable terms or at all.

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Subject to our officers’
and directors’ pre-existing fiduciary duties and the limitation that a target business have a fair market value of at least 80%
of the balance in the trust account (excluding any taxes payable on the interest earned, if any) at the time of the execution of a definitive
agreement for our initial business combination, as described below in more detail, we will have virtually unrestricted flexibility in
identifying and selecting a prospective acquisition candidate. Except for the general criteria and guidelines set forth above under the
caption “Business Strategy,” we have not established any other specific attributes or criteria (financial or otherwise)
for prospective target businesses. Accordingly, there is no basis for investors in this offering to evaluate the possible merits or risks
of the target business with which we may ultimately complete a business combination. To the extent we effect a business combination with
a financially unstable company or an entity in its early stage of development or growth, including entities without established records
of sales or earnings, we may be affected by numerous risks inherent in the business and operations of financially unstable and early
stage or potential emerging growth companies. Although our management will endeavor to evaluate the risks inherent in a particular target
business, we cannot assure you that we will properly ascertain or assess all significant risk factors.

Sources of Target Businesses

We believe our team’s
significant operating and transaction experience and relationships with companies will provide us with a substantial number of potential
business combination targets. Over the course of their careers, the members of our team have developed a broad network of contacts and
corporate relationships around the world.

We believe this network provides
our team with a robust and consistent flow of acquisition opportunities which were proprietary or where a limited group of investors
were invited to participate in the sale process. We believe that the network of contacts and relationships of our team will provide us
with important sources of acquisition opportunities. In addition, we anticipate that target business candidates will be