Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 10

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 10
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 months from the
closing of this offering (as may be extended by shareholder approval to amend our amended and restated memorandum and articles of association
to extend the date by which we must consummate our initial business combination), or by such earlier liquidation date as our board of
directors may approve, the founder shares and private units may expire worthless, except to the extent they receive liquidating distributions
from assets outside the trust account, which could create an incentive for our Sponsor, executive officers and directors to complete
a transaction even if we select an acquisition target that subsequently declines in value and is unprofitable for public shareholders.
Further, each of our officers and directors may have a conflict of interest with respect to evaluating a particular business combination
if the retention or resignation of any such officers and directors was included by a target business as a condition to any agreement
with respect to our initial business combination. We may also engage our Sponsor or an affiliate of our Sponsor as an advisor or otherwise
in connection with our initial business combination and certain other transactions and pay such person or entity a salary or fee in an
amount that constitutes a market standard for comparable transactions. Any such salary or fee would be paid using available working capital
funds (including proceeds from any promissory notes issued by us and funds released from the trust account upon completion of our initial
business combination), but would not in any event be paid out of the administrative services fee. As of the date of this prospectus,
no arrangements are currently in place with respect to the payment of any finder’s fee, advisory fee, consulting fee or success
fee in order to effectuate the completion of our initial business combination, or with respect to the payment of a salary or other fee
to our Sponsor or an affiliate of our Sponsor as an advisor or otherwise in connection with our initial business combination or any other
transaction but we may choose to make such arrangements in the future. Additionally, we will pay our Sponsor in an amount equal to $30,000
per month for company administration, office space, utilities, and secretarial and administrative support made available to us, as described
elsewhere in this prospectus. Upon consummation of this offering, we will repay up to $300,000 in loans made to us by our Sponsor to
cover offering-related and organizational expenses. In the event that following this offering we obtain working capital loans from our
Sponsor or any of its affiliates or from our officers or directors to finance transaction costs related to our initial business combination