Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 224

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 224
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 exculpate and indemnify, to the maximum extent permitted by law, such persons in respect of any liability,
obligation or duty to the Company that may arise as a consequence of such persons becoming aware of any business opportunity or failing
to present such business opportunity. We do not believe, however, based on the other companies with which our directors and officers are
affiliated and their respective businesses, that the fiduciary duties or contractual obligations of our directors or officers will materially
affect our ability to identify and pursue business combination opportunities or complete our initial business combination. See “Risk Factors — Risks Related to our Team and Their Respective Affiliates and to the Post-Business Combination Company — Certain of our directors and officers are now, and all of them may in the future become, affiliated with entities engaged in business activities similar to those intended to be conducted by us and, accordingly, may have conflicts of interest in determining to which entity a particular business opportunity should be presented.”

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Our Sponsor is legally and beneficially owned by (i) Samara CSLM LLC and (ii) Consilium
Investment Capital Inc. Consilium Investment Capital Inc. is legally and beneficially
owned by Mr. Cassel and Mr. Binder. Samara CSLM LLC, a Delaware limited liability company, is legally and beneficially
owned by Vikas Mittal. As a result, Mr. Cassel, Mr. Binder, and Mr. Mittal may exert a substantial influence on other actions requiring a shareholder
vote, potentially in a manner that you do not support, including the appointment and 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. See “Risk Factors — Risks Related to our Team and Their Respective Affiliates and to the Post-Business Combination Company.

Consilium may become aware
of a potential business combination opportunity that may be an attractive opportunity for our Company. Consilium and our Company may each
assess opportunities within Frontier Growth Markets. In particular, CIM manages two products targeted at Frontier Growth Markets. The
Fund focuses on listed equities opportunities within Frontier Growth Markets. EOF focuses on less liquid opportunities within Frontier
Growth Markets, and targets a three-year time horizon to extract