Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 300

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 300
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 directors or their respective affiliates will be on terms believed by us to
be no less favorable to us than are available from unaffiliated third parties. Such transactions will require prior approval by a majority
of our uninterested “independent” directors or the members of our Board of Directors who do not have an interest in the transaction,
in either case who had access, at our expense, to our attorneys or independent legal counsel. We will not enter into any such transaction
unless our disinterested “independent” directors determine that the terms of such transaction are no less favorable to us
than those that would be available to us with respect to such a transaction from unaffiliated third parties.

<div align='center'>175</div>

<div align='center'>PRINCIPAL SHAREHOLDERS</div>

The following table sets forth
information regarding the beneficial ownership of our shares as of the date of this prospectus, and as adjusted to reflect the sale of
our Class A ordinary shares included in the units offered by this prospectus and private units, and assuming no purchase of units in
this offering, by:

| ● | each person known by us to be the                                    
 beneficial owner of more than 5% of the outstanding ordinary shares; |

| ● | each of our executive officers and                    
 directors that beneficially owns ordinary shares; and |

| ● | all our executive officers and directors 
 as a group.                              |

Unless otherwise indicated,
we believe that all persons named in the table have sole voting and investment power with respect to all shares beneficially owned by
them. The following table does not reflect record or beneficial ownership of any shares issuable upon exercise of warrants as these warrants
are not exercisable within 60 days of the date of this prospectus.

On January 23, 2025,
our Sponsor paid $25,000, or approximately $0.004 per share, to cover certain of our offering costs in exchange for 5,750,000 Class B
ordinary shares. On March 28, 2025, through a share capitalization, the Company issued an additional 1,916,667 Class B ordinary shares
to the Sponsor, resulting in the Sponsor holding an aggregate of 7,666,667 Class B ordinary shares or “founder shares” resulting
in a price per share of approximately $0.003 per share. Up to 1,000,000 of the founder shares may be surrendered by the Sponsor for no
consideration depending on the extent to which