Company: KOYNU
Filing Date: 2025-07-08
Form Type: S-1/A
Source: 0001829126-25-004923
Chunk: 348

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-08
Form: S-1/A
Chunk 348
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 the individual’s immediate family or to a trust, the beneficiary of which is a member of the individual’s immediate family, an affiliate of such person or to a charitable organization; (c) in the case of an individual, by virtue of laws of descent and distribution upon the death of the individual; (d) in the case of an individual, pursuant to a qualified domestic relations order; (e) by private sales or transfers made in connection with the consummation of a business combination at prices no greater than the price at which the founder shares or private shares, as applicable, were originally purchased; (f) by virtue of our Sponsor’s organizational documents upon liquidation or dissolution of our Sponsor; (g) to the Company for no value for cancellation in connection with the consummation of our initial business combination; (h) in the event of our liquidation prior to the completion of our initial business combination; or (i) in the event of our completion of a liquidation, merger, share exchange or other similar transaction which results in all of our public shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property subsequent to our completion of our initial business combination; provided, however, that in the case of clauses (a) through (f) these permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions and the other restrictions contained in the letter agreement.

The letter agreement
with our Sponsor, officers and directors that includes the transfer restrictions described in the foregoing may be amended without shareholder
approval with our written consent as well as the written consent of the Sponsor and our directors and officers to the extent they are
the subject of any change, amendment, modification or waiver to the letter agreement. The written consent of the underwriter will also
be required for an amendment of a provision of the letter agreement that subjects the Sponsor and our directors and officers to certain
of the restrictions to be included in the underwriting agreement, pursuant to which the Sponsor and our officers and directors will agree
that, for a period of 180 days from the date of this prospectus, they will not, without the prior written consent of the underwriter,
offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, Class A ordinary shares or any other securities
convertible into, or exercisable, or exchangeable for, Class A ordinary shares (for more information on the transfer restrictions to
be included in the underwriting agreement, also see “Under