Company: KOYNU
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001829126-25-009093
Chunk: 15

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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    Deemed dividend for remeasurement of temporary equity to redemption value

    -

    20,274,401

    Total net income (loss) allocated by class
     
    $
    (5,917,209
    )
     
    $
    6,008,282

    Denominator:

    Weighted-average shares outstanding

    7,996,042

    8,500,000

    Basic and diluted net (loss) income per share
     
    $
    (0.74
    )
     
    $
    0.71

    For the Nine Months EndedSeptember 30,2025

    Net loss
     
    $
    (1,189
    )
  
    Remeasurement of temporary equity to redemption value

    (20,274,401
    )
  
    Net loss including remeasurement of temporary equity to redemption value
     
    $
    (20,275,590
    )

    11

    For the Nine Months Ended September 30, 2025

    Class A & BNon-Redeemable

    Class ARedeemable

    Total number of shares

    8,557,917

    23,000,000

    Basic and diluted net income (loss) per share

    Numerator:

    Allocation of net loss including remeasurement of temporary equity to redemption value based on ownership percentage
     
    $
    (6,009,470
    )
     
    $
    (14,266,120
    )
  
    Deemed dividend for remeasurement of temporary equity to redemption value

    -

    20,274,401

    Total net loss allocated by class
     
    $
    (6,009,470
    )
     
    $
    6,008,281
    )
  
    Denominator:

    Weighted-average shares outstanding

    7,159,839

    2,864,469

    Basic and diluted net (loss) income per share
     
    $
    (0.84
    )
     
    $
    2.10

Recent Accounting Pronouncements

In November 2023, the FASB issued ASU 2023-07, “Segment reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU 2023-07”). The amendments in this ASU require disclosures, on