Company: KOYNU
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001829126-25-006117
Chunk: 420

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-08-12
Form: S-1/A
Chunk 420
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 - |     | Accumulated 
 Deficit     | -       |   |     | Shareholder’s 
 Deficit       |       - |   |
|:-------------------------------|:----|:----------------|----------:|:----|:-------|----:|:----|:-----------|-------:|:----|:------------|:--------|:--|:----|:--------------|--------:|:--|
| Net                            
 loss                           |     |                 |         - |     |        |   - |     |            |      - |     |             | (22,820 | ) |     |               | (22,820 | ) |
| Balance                        
 as of December 31, 2024        |     |                 |         - |     | $      |   - |     | $          |      - |     | $           | (22,820 | ) |     | $             | (22,820 | ) |
| Class B ordinary shares issued 
 to Sponsor(1)                  |     |                 | 7,666,667 |     |        | 767 |     |            | 24,233 |     |             | -       |   |     |               |  25,000 |   |
| Net loss                       |     |                 |         - |     |        |   - |     |            |      - |     |             | (31,587 | ) |     |               | (31,587 | ) |
| Balance                        
 as of March 31, 2025           |     |                 | 7,666,667 |     | $      | 767 |     | $          | 24,233 |     | $           | (54,407 | ) |     | $             | (29,407 | ) |

| (1) | Includes up to 1,000,000 Class                                                                                                    
 B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriter (Note 
 8).                                                                                                                               |

<div align='center'>The accompanying notes are an integral part of
these financial statements.

F-23</div>

<div align='center'>CSLM Digital Asset Acquisition Corp III, Ltd

STATEMENTS OF CASH FLOWS</div>

|                                                                                        |     | Three Months Ended 
 March 31,          
 2025               |         |   |     | For the             
 Period from         
 July 26,