Company: KOYNU
Filing Date: 2025-08-27
Form Type: 424B4
Source: 0001829126-25-006758
Chunk: 255

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-08-27
Form: 424B4
Chunk 255
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 No member of our management team has any experience operating a special purpose acquisition company. See “Management — Conflicts of Interest” for additional information.

We do not believe, however, based on the other companies with which our directors and officers are affiliated and their respective businesses, that the fiduciary, contractual or other obligations or duties of our officers or directors will materially affect our ability to complete our initial business combination.

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If we are unable to complete our initial business combination within the completion window, or by such earlier liquidation date as our board of directors may approve, the founder shares and private shares will be worthless, except to the extent they receive liquidating distributions from assets outside the trust account. Additionally, we will repay up to $300,000 in loans made to us by our Sponsor to cover offering-related and organizational expenses and we will pay our Sponsor 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. We will repay any loans which may be made by our Sponsor or an affiliate of our Sponsor or certain of our directors and officers to finance transaction costs in connection with an intended initial business combination; up to $1,500,000 of such loans may be convertible into private units at a price of $10.00 per unit at the option of the lender. Upon consummation of this offering, we will also reimburse our Sponsor, directors or officers, or our or any of their respective affiliates for any out-of-pocket expenses related to identifying, investigating and completing an initial business combination.

The following table sets forth the payments to be received by our Sponsor and its affiliates from us prior to or in connection with the completion of our initial business combination and the securities issued and to be issued by us to our Sponsor or its affiliates:

| Entity/Individual |     | Amount of Compensation to be Received or                                                                                          
 Securities Issued or to be Issued                                                                                                 |     |                                                                                Consideration Paid or to be Paid |
| Sponsor           |     | 7,666,667 Class B Ordinary shares(1)                                                                                              |     |                                                                                                         $25,000 |
|                   |     | 500,000 Private Units(1)                                                                                                          |     |                                                                                                      $5,000,000 |
|                   |     | Up to $300,000                                                                                                                    |     |             Repayment of loans made to us by our Sponsor to cover offering-related and