Company: KOYNU
Filing Date: 2025-07-08
Form Type: S-1/A
Source: 0001829126-25-004923
Chunk: 177

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-08
Form: S-1/A
Chunk 177
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 exert significant influence over actions requiring a shareholder vote at least until the completion of our initial business combination.

Our Sponsor is owned by Samara CSLM LLC and CIC, (CIC is owned by Charles T. Cassel III and Jonathan M Binder. Samara CSLM LLC is owned by Vikas Mittal. Jonathan M. Binder and Vikas Mittal serve on our board of directors. Charles T. Cassel III is our Chief Executive Officer.) and is owned by entities controlled by them and associated with Consilium (the “Consilium affiliates”). As a result, Mr. Mittal, Mr. Cassel, Mr. Binder and the Consilium affiliates may exert a substantial influence on actions requiring shareholder vote, potentially in a manner that you do not support, and their interests may differ from your interests.

Our Sponsor is managed by its two directors, Charles T. Cassel III and Vikas Mittal and is owned by 51% by Samara CSLM LLC and 49% by CIC. CIC is owned 50% by Charles T. Cassel III and 50% by Jonathan M Binder. Samara CSLM LLC is solely owned by Vikas Mittal and his immediate family. Jonathan M. Binder and Vik Mittal serve on our board of directors. Charles T. Cassel III is also our Chief Executive Officer. In addition, our Sponsor is owned by Consilium affiliates. As a result, Vik Mittal, Charles T. Cassel III, Jonathan M. Binder and the Consilium affiliates may exert a substantial influence on actions requiring a shareholder vote, potentially in a manner that you do not support, including appointment and the removal of our directors, amendments to our amended and restated memorandum and articles of association and approval of major corporate transactions. If our Sponsor purchases any Class A ordinary shares in this offering or in the aftermarket or in privately negotiated transactions, this would increase their influence over such actions.

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Risks Relating to Our Securities

The securities in which we invest the funds held in the trust account could bear a negative rate of interest, which could reduce the value of the assets held in trust such that the per-share redemption amount received by public shareholders may be less than $10.00 per share.

The proceeds held in the trust account will be invested only in U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment