Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 282

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 282
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which will be adopted upon the consummation of this offering, we will be authorized
to issue 445,000,000 Class A ordinary shares of a par value of $0.0001 each per share, 50,000,000 Class B ordinary shares of a par value of $0.0001 each per share as well
as 5,000,000 preference shares of a par value of $0.0001 each per share.

Units

Public Units

Each unit consists of one Class
A ordinary share, one-half of one warrant to purchase one of our Class A ordinary shares for an exercise price of $11.50 per share, subject
to adjustment, and one right to receive one-twentieth (1/20) of one Class A ordinary share, as described in this prospectus. Only whole
warrants are exercisable. The warrants will become exercisable 30 days after the consummation of our initial business combination. The
warrants will expire at 5:00 p.m., New York City time, on the fifth anniversary of our completion of an initial business combination,
or earlier upon redemption.

The Class A ordinary shares, public rights, and public warrants will begin to trade separately on the 52nd day after the date of this prospectus
unless the underwriter informs us of its decision to allow earlier separate trading,
provided that in no event may the Class A ordinary shares, rights and warrants be traded separately until we have filed with the SEC a Current Report
on Form 8-K which includes an audited balance sheet reflecting our receipt of the
gross proceeds of this offering. Once the Class A ordinary shares, rights, and warrants commence separate trading, holders will have the option to continue
to hold units or separate their units into the component securities.

We will file a Current Report on Form 8-K which includes an audited balance sheet
promptly upon the consummation of this offering. The audited balance sheet will reflect
proceeds we receive from the exercise of the over-allotment option, if the over-allotment
option is exercised on the date of this prospectus. If the over-allotment option is
exercised after the date of this prospectus, we will file an amendment to the Form
8-K to provide updated financial information to reflect the exercise of the over-allotment
option. We will also include in this Form 8-K, an amendment thereto, or in a subsequent
Form