Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 70

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 70
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 to (i) hold any units,     
 Class A ordinary shares, or public warrants they may purchase in this offering or thereafter for any amount of time, (ii) vote any        
 Class A ordinary shares they may own at the applicable time in favor of our initial business combination or (iii) refrain from exercising 
 their right to redeem their public shares at the time of our initial business combination. The non-managing sponsor investors will        
 have the same rights to the funds held in the trust account with respect to the Class A ordinary shares underlying the public units       
 they may purchase in this offering as the rights afforded to our other public shareholders. However, the non-managing sponsor investors   
 will have different interests than our other public shareholders in approving our initial business combination and otherwise exercising   
 their rights as public shareholders because of their indirect ownership of founder shares as further discussed in this prospectus.        |

| Manner                    
 of conducting redemptions |     | We                                                                                                                                     
 will provide our public shareholders with the opportunity to redeem, regardless of whether they abstain, vote for, or vote against,    
 our initial business combination, all or a portion of their public shares upon the completion of our initial business combination      
 either (1) in connection with a shareholder meeting called to approve the business combination or (2) by means of a tender offer.      
 The decision as to whether we will seek shareholder approval of a proposed business combination or conduct a tender offer will be      
 made by us, solely in our discretion, and will be based on a variety of factors such as the timing of the transaction and whether      
 the terms of the transaction would require us to seek shareholder approval under applicable law or stock exchange listing requirement. 
 Asset acquisitions and share purchases would not typically require shareholder approval while direct mergers with our Company where    
 we do not survive and any transactions where we issue more than 20% of our issued and outstanding ordinary shares or seek to amend     
 our amended and restated memorandum and articles of association would require shareholder approval. We currently intend to conduct     
 redemptions in connection with a shareholder vote unless shareholder approval is not required by applicable law or stock exchange      
 rule or we choose to conduct redemptions pursuant to the tender offer rules of the SEC for business or other reasons.                  |

| If                                                                                                                                  
 a shareholder vote is not required and we do not decide to hold a shareholder vote for business or other reasons, we will, pursuant 
 to our amended and restated memorandum and articles of association:                                                                 |

| ● | conduct                                                                                                                 
 the