Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 362

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 362
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. The Company may generate non-operating income in the form of interest income on cash and cash equivalents and dividend income from marketable securities purchased from the proceeds derived from the Proposed Public Offering (as defined below). The Company has selected December 31 as its fiscal year end.

The Company’s Sponsor is CSLM Acquisition
Sponsor II, Ltd (the “Sponsor”). The Company’s ability to commence operations is contingent upon obtaining adequate
financial resources through a proposed public offering of 20,000,000 units at $10.00 per unit (the “Units”) (or 23,000,000
Units if the underwriter’s over-allotment option is exercised in full), which is discussed in Note 3 (the “Proposed Public
Offering”), and the sale of an aggregate of 775,000 private units (or 816,250 private units if the underwriter’s over-allotment
option is exercised in full) (the “Private Units”) to the Sponsor and Cohen & Company Capital Markets, a division of J.V.B.
Financial Group, LLC (“CCM”), the underwriter of the Proposed Public Offering, at a price of $10.00 per Private Unit, or $7,750,000
in the aggregate (or $8,162,500 if the underwriter’s over-allotment option is exercised in full), in a private placement that will
close simultaneously with the Proposed Public Offering, which is discussed in Note 4. Of those 775,000 Private Units (or 816,250 Private
Units if the underwriter’s over-allotment option is exercised in full), the Sponsor has agreed to purchase 500,000 Private Units
(including in the event that the underwriter’s over-allotment option is exercised in full) and CCM has agreed to purchase 275,000
Private Units (or 316,250 Private Units if the underwriter’s over-allotment option is exercised in full).

Each Unit will consist of one Class A ordinary
share (the “Public Shares”), one-half of one redeemable warrant (the “Public Warrants”), and one right to received
one-twentieth (1/20) of one Class A ordinary share upon the consummation of an initial Business Combination. Each PrivateUnit will consist
of one Class A ordinary share (“Private Placement Share”), one-half of one redeemable warrant (“Private Placement Warrant”),
and one right to received one-twentieth (1/20) of