Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 60

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 60
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 be sold in this offering. There can be no assurance that the non-managing Sponsor  
 investors will acquire any public units, either directly or indirectly, in this offering, or as to the amount of the units the non-managing 
 Sponsor investors will retain, if any, prior to or upon the consummation of our initial business combination.                               |

| Because these expressions of interest are not binding agreements or commitments to purchase, the non-managing Sponsor investors may determine to purchase a different number or no public units in this offering. Depending on how many public units are purchased by the non-managing Sponsor investors, the post-offering trading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public investors. We do not expect any purchase of public units by the non-managing Sponsor investors to negatively impact our ability to meet Nasdaq listing eligibility requirements. In addition, the underwriter has full discretion to allocate the public units to investors and may determine to sell a different number or no public units to the non-managing Sponsor investors. The underwriter will receive the same upfront discounts and commissions on public units purchased by the non-managing Sponsor investors in this offering, if any, as it will on the other units sold to the public in this offering. In addition, none of the non-managing Sponsor investors has any obligation to vote any of their public shares in favor of our initial business combination. |

| The                                                                                                                                     
 non-managing Sponsor investors are not granted any shareholder or other rights in addition to those afforded to our other public        
 shareholders, and will only be issued ordinary shares in the Sponsor, with no right to control the Sponsor or vote or dispose of any    
 securities held by the Sponsor, including the founder shares and the private units held by the Sponsor. Further, the non-managing       
 Sponsor investors are not required 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.