Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 77

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 77
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 of this offering, in order to, among other reasons, satisfy such net tangible assets or minimum cash requirements. 
 There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless if we fail      
 to complete our initial business combination within the completion window.                                                                |

| Our                                                                                                                                     
 initial shareholders have entered into agreements with us, pursuant to which they have waived their rights to liquidating distributions 
 from the trust account with respect to their founder shares and private shares if we fail to complete our initial business combination  
 within 24 months from the closing of this offering. However, if our initial shareholders or management team acquire public shares       
 in or after this offering, they will be entitled to liquidating distributions from the trust account with respect to such public        
 shares if we fail to complete our initial business combination within the 24-month time frame.                                          |

| Conflicts of interest |     | Our team, in                                                                                                                            
 their capacities as directors, officers or employees of our Sponsor or its affiliates or in their other endeavors, may choose to        
 present potential business combinations to the related entities described above, current or future entities affiliated with or managed  
 by our Sponsor, or third parties, before they present such opportunities to us, subject to their fiduciary duties under Cayman Islands  
 law. Our amended and restated memorandum and articles of association provide that, to the fullest extent permitted by applicable        
 law: (i) no individual serving as a director or an officer shall have any duty, except and to the extent expressly assumed by contract, 
 to refrain from engaging directly or indirectly in the same or similar business activities or lines of business as us; and (ii) we      
 renounce any interest or expectancy in, or in being offered an opportunity to participate in, any potential transaction or matter       
 which (a) may be a corporate opportunity for any director or officer, on the one hand, and us, on the other or (b) the presentation     
 of which would breach an existing legal obligation of a director or officer to any other entity. However, because the other entities    
 to which our officers and directors currently owe fiduciary duties or contractual obligations are not themselves in the business        
 of engaging in business combinations, we do not believe that any such potential conflicts would materially affect our ability to        
 complete our initial business combination. In addition, our amended and restated memorandum and articles of association will contain    
 provisions to exculpate and indemnify, to the maximum extent permitted by law, such persons