Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 389

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 389
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     | $ |             31,587 |   |     | $ |              22,820 |   |
| Loss                                                            
 from operations                                                 |     |   |            (31,587 | ) |     |   |             (22,820 | ) |
| Basic and                                                       
 diluted weighted average Class B ordinary shares outstanding(1) |     |   |          6,666,667 |   |     |   |                   - |   |
| Basic and                                                       
 diluted net loss per share                                      |     | $ |              (0.00 | ) |     | $ |                   - |   |

| (1) | Excludes up to 1,000,000 Class B ordinary shares subject to forfeiture if the over-allotment option 
 is not exercised in full or in part by the underwriter (Note 8).                                    |

<div align='center'>The accompanying notes are an integral part of these
financial statements.

F-4</div>

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

STATEMENTS OF CHANGES IN SHAREHOLDER’S DEFICIT</div>

| Balance as of                     
 July 26, 2024 (inception)         |     | Class B         
 Ordinary shares 
 Shares          |         - |     | Amount |   - |     | Additional 
 Paid-In    
 Capital    |      - |     | Accumulated 
 Deficit     | -       |   |     | Shareholder’s 
 Deficit       |       - |   |
|:----------------------------------|:----|:----------------|----------:|:----|:-------|----:|:----|:-----------|-------:|:----|:------------|:--------|:--|:----|:--------------|--------:|:--|
| Net                               
 loss                              |     |                 |         - |     |        |   - |     |            |      - |     |             | (22,820 | ) |     |               | (22,820 | ) |
| Balance                           
 as of December 31, 2024           |     |                 |         - |     | $      |   - |     | $          |      - |     | $           | (22,820 | ) |     | $             | (22,820 | ) |
| Class B ordinary shares issued to 
 Sponsor(1)                        |     |                 | 7,666,667 |     |        | 767 |