Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 320

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 320
---
 in connection with a shareholder vote
to amend our amended and restated memorandum and articles of association (A) to modify the substance or timing of our obligation to allow
redemption in connection with our initial business combination or to redeem 100% of our public shares if we do not complete our initial
business combination within the completion window or (B) with respect to any other provision relating to shareholders’ rights or
pre-initial business combination activity; and (iii) their rights to liquidating distributions from the trust account with respect to
any founder shares and private shares they hold if we fail to complete our initial business combination within the completion window
(although they will be entitled to liquidating distributions from the trust account with respect to any public shares they hold if we
fail to complete our initial business combination within the completion window); and (3) the founder shares are entitled to registration
rights. If we submit our initial business combination to our public shareholders for a vote, our initial shareholders, directors and
officers have agreed (and their permitted transferees will agree), pursuant to the terms of a letter agreement entered into with us,
to vote any shares held by them in favor of our initial business combination.

<div align='center'>186</div>

Pursuant to a letter agreement
that our initial shareholders, directors and officers have entered into with us, with certain limited exceptions, the founder shares
are not transferable, assignable or salable (except to our directors and officers and other persons or entities affiliated with our initial
shareholders, each of whom will be subject to the same transfer restrictions) until the earlier of: (A) six months after the completion
of our initial business combination; and (B) subsequent to our initial business combination, the date on which we complete a liquidation,
merger, share exchange, reorganization or other similar transaction that results in all of our public shareholders having the right to
exchange their Class A ordinary shares for cash, securities or other property. In addition, the formation agreement of our Sponsor provides
that its interests may only be transferred to a member’s affiliates (which affiliates shall include any member’s owners of
an equity interest, direct investors, members, or limited partners, as the case may be), immediate family, or to a trust, the primary
beneficiary(ies) of which is a member or members of such member’s immediate family.

Public Warrants

No warrants are currently outstanding.
Each whole warrant entitles the registered holder to purchase one Class A