CSLM Digital Asset Acquisition Corp III, Ltd. Files 8-K
Ticker: KOYNU · Form: 8-K · Filed: Sep 4, 2025 · CIK: 2068454
| Field | Detail |
|---|---|
| Company | Cslm Digital Asset Acquisition CORP III, LTD (KOYNU) |
| Form Type | 8-K |
| Filed Date | Sep 4, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $11.50, $10.00, $230,000,000, $8,912,500 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-action, securities-filing, spac
TL;DR
CSLM Digital Asset Acquisition Corp III, Ltd. filed an 8-K on 8/28/25, detailing share and warrant structures.
AI Summary
CSLM Digital Asset Acquisition Corp III, Ltd. filed an 8-K on August 28, 2025, reporting on other events and financial statements. The company, formerly CSLM Acquisition Corp II, Ltd., changed its name on May 14, 2025. The filing details units consisting of ordinary shares and redeemable warrants, with ordinary shares having a par value of $0.0001 and warrants exercisable at $11.50 per share.
Why It Matters
This filing provides an update on the company's corporate structure and the details of its issued securities, which is important for investors to understand the composition of their holdings.
Risk Assessment
Risk Level: low — The filing is a routine corporate update and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- $0.0001 — Ordinary Share Par Value (Indicates the nominal value assigned to each ordinary share.)
- $11.50 — Warrant Exercise Price (The price at which warrant holders can purchase ordinary shares.)
Key Players & Entities
- CSLM Digital Asset Acquisition Corp III, Ltd. (company) — Filer
- CSLM Acquisition Corp II, Ltd. (company) — Former company name
- May 14, 2025 (date) — Date of name change
- August 28, 2025 (date) — Date of report
- 0.0001 (dollar_amount) — Par value of ordinary shares
- 11.50 (dollar_amount) — Exercise price of warrants
FAQ
What is the primary purpose of this 8-K filing?
This 8-K filing is primarily to report on 'Other Events' and 'Financial Statements and Exhibits' as of August 28, 2025.
When did CSLM Digital Asset Acquisition Corp III, Ltd. change its name?
The company changed its name from CSLM Acquisition Corp II, Ltd. on May 14, 2025.
What are the components of the units issued by the company?
The units consist of one Class Ordinary Share with a par value of $0.0001 per share and one-half of one redeemable warrant.
What is the exercise price for the warrants?
Each whole warrant is exercisable for one Class Ordinary Share at an exercise price of $11.50 per share.
What is the SIC code for CSLM Digital Asset Acquisition Corp III, Ltd.?
The Standard Industrial Classification (SIC) code listed is 6770, which corresponds to 'BLANK CHECKS'.
Filing Stats: 1,042 words · 4 min read · ~3 pages · Grade level 14.2 · Accepted 2025-09-04 16:28:15
Key Financial Figures
- $0.0001 — f one Class A ordinary share, par value $0.0001 per share, and one-half of one redeemab
- $11.50 — ordinary share at an exercise price of $11.50 per share KOYNW The Nasdaq Stock Ma
- $10.00 — Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of
- $230,000,000 — per Unit, generating gross proceeds of $230,000,000. Simultaneously with the closing of th
- $8,912,500 — vate Unit, generating total proceeds of $8,912,500. Each Private Unit consists of one Clas
- $9,200,000 — Placement, which amount included up to $9,200,000 in deferred underwriting commissions (b
- $100,000 — able by the Company, and (ii) pay up to $100,000 for dissolution expenses, the funds hel
Filing Documents
- cslmacq3_8k.htm (8-K) — 38KB
- cslmacq3_ex99-1.htm (EX-99.1) — 123KB
- 0001829126-25-007166.txt ( ) — 408KB
- cik0002068454-20250828.xsd (EX-101.SCH) — 4KB
- cik0002068454-20250828_def.xml (EX-101.DEF) — 27KB
- cik0002068454-20250828_lab.xml (EX-101.LAB) — 37KB
- cik0002068454-20250828_pre.xml (EX-101.PRE) — 26KB
- cslmacq3_8k_htm.xml (XML) — 8KB
01. Other Events
Item 8.01. Other Events. As previously disclosed, on August 28, 2025, CSLM Digital Asset Acquisition Corp III, Ltd (the "Company") consummated its initial public offering (the "IPO"), which consisted of 23,000,000 units (the "Units"), including 3,000,000 Units issued pursuant to the full exercise by the underwriters of their over-allotment option. Each Unit consists of one Class A ordinary share, $0.0001 par value ("Class A Ordinary Share") and one-half of one redeemable warrant of the Company (each, a "Warrant"), with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share at a price of $11.50 per share (subject to adjustment). The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $230,000,000. Simultaneously with the closing of the IPO, the Company consummated a private placement (the "Private Placement") of an aggregate of 891,250 units (the "Private Units") to CSLM Acquisition Sponsor II, Ltd (the "Sponsor") and Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC ("CCM"), at a price of $10.00 per Private Unit, generating total proceeds of $8,912,500. Each Private Unit consists of one Class A Ordinary Share and one-half of one redeemable Warrant, with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share at a price of $11.50 per share (subject to adjustment). Of those 891,250 Private Units, the Sponsor purchased 575,000 Private Units and CCM purchased 316,250 Private Units. The Private Units are identical to the Units, except that, subject to certain exceptions, the Private Units will not be transferable, assignable or salable until 30 days after the completion of the Company's initial business combination. As of August 28, 2025, a total of $230,000,000, consisting of the net proceeds received by the Company after deduction for commissions from the IPO and a portion of the proceeds from the Private Placement, which amount included up
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Audited Balance Sheet of CSLM Digital Asset Acquisition Corp III, Ltd as of August 28, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 4, 2025 CSLM DIGITAL ASSET ACQUISITION CORP III, LTD By: /s/ Vikas Mittal Name: Vikas Mittal Title: Chief Financial Officer 2