Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 388

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 388
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We have served as the Company's auditor since
2024.

Charlotte, North Carolina

June 18, 2025 except for Notes 1, 6, and 9, as
to which the date is July 22, 2025

<div align='center'>F-2</div>

<div align='center'>CSLM Digital Asset Acquisition Corp III, Ltd

BALANCE SHEETS</div>

| ASSETS                                                                                                                    |     | March 31, 
 2025      |         |   |     | December 31, 
 2024         |         |   |
|:--------------------------------------------------------------------------------------------------------------------------|:----|:----------|--------:|:--|:----|:-------------|--------:|:--|
| Current asset –                                                                                                           
 cash                                                                                                                      |     | $         |  25,000 |   |     | $            |       - |   |
| Deferred offering                                                                                                         
 costs                                                                                                                     |     |           |  85,281 |   |     |              |  35,480 |   |
| Total                                                                                                                     
 Assets                                                                                                                    |     | $         | 110,281 |   |     | $            |  35,480 |   |
| LIABILITIES AND                                                                                                           
 SHAREHOLDER’S DEFICIT                                                                                                     |     |           |         |   |     |              |         |   |
| Current liabilities:                                                                                                      |     |           |         |   |     |              |         |   |
| Accrued offering costs                                                                                                    |     | $         |  85,281 |   |     | $            |  35,480 |   |
| Accrued expenses                                                                                                          |     |           |   6,870 |   |     |              |  11,426 |   |
| Accounts payable                                                                                                          |     |           |  36,143 |   |     |              |       - |   |
| Promissory note                                                                                                           
 – related party                                                                                                           |     |           |  11,394 |   |     |              |  11,394 |   |
| Total                                                                                                                     
 Liabilities                                                                                                               |     |           | 139,688 |   |     |              |  58,300 |   |
| Shareholder’s                                                                                                             
 Deficit                                                                                                                   |     |           |         |   |     |              |         |   |
| Preference shares, $0