Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 247

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 247
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,
contractual or other obligations or duties of our officers or directors will materially affect our ability to complete our initial business
combination.

<div align='center'>141</div>

If we are unable to complete
our initial business combination within the completion window, or by such earlier liquidation date as our board of directors may approve,
the founder shares and private shares will be worthless, except to the extent they receive liquidating distributions from assets outside
the trust account. Additionally, we will repay up to $300,000 in loans made to us by our Sponsor to cover offering-related and organizational
expenses and we will pay our Sponsor an amount equal to $30,000 per month for company administration, office space, utilities, and secretarial
and administrative support made available to us, as described elsewhere in this prospectus. We will repay any loans which may be made
by our Sponsor or an affiliate of our Sponsor or certain of our directors and officers to finance transaction costs in connection with
an intended initial business combination; up to $1,500,000 of such loans may be convertible into private units at a price of $10.00 per
unit at the option of the lender. Upon consummation of this offering, we will also reimburse our Sponsor, directors or officers, or our
or any of their respective affiliates for any out-of-pocket expenses related to identifying, investigating and completing an initial
business combination.

The following table sets forth
the payments to be received by our Sponsor and its affiliates from us prior to or in connection with the completion of our initial business
combination and the securities issued and to be issued by us to our Sponsor or its affiliates:

| Entity/Individual |     | Amount                                                                                        
 of Compensation to be Received or                                                             
 Securities Issued or to be Issued                                                             |     |                                                                          Consideration 
                                                                     Paid or to be Paid |
| Sponsor           |     | 7,666,667 Class B                                                                             
 Ordinary shares(1)                                                                            |     |                                                                                $25,000 |
|                   |     | 500,000 Private Units(1)                                                                      |     |                                                                             $5,000,000 |
|                   |     | Up to $300,000                                                                                |     |                                                                Repayment of loans made 
            to us by our Sponsor to cover offering-related and organizational expenses. |
|                   |     | Up to $1,500,000 in working                                                                   
 capital loans may be convertible into private units at a price of $10.00 per unit             |     |