Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 319

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 319
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 initial business combination, (x) the date on which the last sale price of our Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations 
 and the like) for any 20 trading days within any 30-trading day period commencing                                                                                                                                                                                                                                                                                                                   
 at least 150 days after our initial business combination, or (y) the date on which we consummate a liquidation, merger, stock exchange or other similar                                                                                                                                                                                                                                             
 transaction after our initial business combination which results in all of our shareholders                                                                                                                                                                                                                                                                                                         
 having the right to exchange their Class A ordinary shares for cash, securities or other property                                                                                                                                                                                                                                                                                                   |
|                        |     |                  |     | Public shares (if any purchased in connection with this offering) |     | 180 days from the date of this prospectus                                                                                                                                                                                                                                                                                                                                                           |

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| (1) | For more information on the number securities beneficial held by our initial shareholders,                                                                                                                                                                                                                                 
 please see the section entitled “Principal Shareholders” in this prospectus.                                                                                                                                                                                                                                               |
| (2) | The founder shares and private units issued in connection with this offering are restricted securities and subject to                                                                                                                                                                                                      
 the limitations on transfer described above under “Securities Eligible for Future Sale — Rule 144” and “Securities Eligible for Future Sale — Restrictions on the Use of Rule 144 by Shell Companies or Former Shell Companies.” Further, our initial shareholders that become affiliates of the post-business combination 
 company for purposes of Rule 144 under the Securities Act may be subject to additional resale restrictions, as described                                                                                                                                                                                                   
 above.                                                                                                                                                                                                                                                                                                                     |

Registration Rights

The holders of the founder shares, private units (and underlying securities) and any
units (and underlying securities) that may be issued on conversion of working capital
loans will be entitled to registration rights pursuant to a registration rights agreement to be signed prior to or on the effective date of this offering requiring us to register
such securities for resale (in the case of the founder shares, only after conversion
to our ordinary shares). The holders of these securities will be entitled to make
up to three demands, excluding short form registration demands, that we register such
securities. In addition, the holders have certain “piggy-back” registration rights
with respect to registration statements filed subsequent to our completion of our
initial business combination and rights to require us to register for resale