Company: KOYNU
Filing Date: 2025-07-31
Form Type: S-1/A
Source: 0001829126-25-005627
Chunk: 135

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-07-31
Form: S-1/A
Chunk 135
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 and redeem their shares in connection
with a general meeting held to approve an initial business combination or in a tender offer undertaken in connection with an initial
business combination if we propose such a business combination during any extension period. If we are unable to consummate our initial
business combination within the applicable time period, we will, as promptly as reasonably possible but not more than five business days
thereafter, redeem the public shares for a pro rata portion of the funds held in the trust account and as promptly as reasonably possible
following such redemption, subject to the approval of our remaining shareholders and our board of directors, liquidate and dissolve,
subject in each case to possible claims of creditors and the requirements of other applicable law. In such event, the warrants will be
worthless.

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If we anticipate that we
may be unable to consummate our initial business combination within the 24-month period, we may seek shareholder approval to amend our
amended and restated memorandum and articles of association to extend the date by which we must consummate our initial business combination.
If we seek shareholder approval for an extension and the related amendments are implemented by the directors, holders of Class A ordinary
shares will be offered an opportunity to redeem their shares at a per share price, payable in cash, equal to the aggregate amount then
on deposit in the trust account, including interest earned thereon (which interest shall be net of taxes payable and up to $100,000 of
interest to pay dissolution expenses), divided by the number of then issued and outstanding public shares, subject to applicable law.
However, we may decide not to seek to extend the date by which we must consummate our initial business combination. If we do not seek
to extend the date by which we must consummate our initial business combination, and we are unable to consummate our initial business
combination within the applicable time period, we will, as promptly as reasonably possible but not more than ten business days thereafter,
redeem the public shares for a pro rata portion of the funds held in the trust account, subject to our obligations under Cayman Islands
law to provide for claims of creditors and the requirements of other applicable law.

We may seek business combination opportunities with a high degree of complexity that require significant operational improvements, which could delay or prevent us from achieving our desired results.

We may seek business combination
opportunities with large, highly complex companies that we believe would benefit from operational improvements. While we intend to implement
such