Company: KOYNU
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001829126-25-009093
Chunk: 57

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 57
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Months EndedSeptember 30,2025

    Net loss
     
    $
    (1,189
    )
  
    Remeasurement of temporary equity to redemption value

    (20,274,401
    )
  
    Net loss including remeasurement of temporary equity to redemption value
     
    $
    (20,275,590
    )

    11

    For the Nine Months Ended September 30, 2025

    Class A & BNon-Redeemable

    Class ARedeemable

    Total number of shares

    8,557,917

    23,000,000

    Basic and diluted net income (loss) per share

    Numerator:

    Allocation of net loss including remeasurement of temporary equity to redemption value based on ownership percentage
     
    $
    (6,009,470
    )
     
    $
    (14,266,120
    )
  
    Deemed dividend for remeasurement of temporary equity to redemption value

    -

    20,274,401

    Total net loss allocated by class
     
    $
    (6,009,470
    )
     
    $
    6,008,281
    )
  
    Denominator:

    Weighted-average shares outstanding

    7,159,839

    2,864,469

    Basic and diluted net (loss) income per share
     
    $
    (0.84
    )
     
    $
    2.10

Recent Accounting Pronouncements

In November 2023, the FASB issued ASU 2023-07, “Segment reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU 2023-07”). The amendments in this ASU require disclosures, on an annual and interim basis, of significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”), as well as the aggregate amount of other segment items included in the reported measure of segment profit or loss. The ASU requires that a public entity disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. Public entities will be required to provide all annual disclosures currently required by Topic 280 in interim periods, and entities with a single reportable segment are required to provide all the disclosures required