---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-25-006839"
form_type: "8-K"
ticker: "KOYN"
cik: "0002068454"
company_name: "CSLM Digital Asset Acquisition Corp III, Ltd"
filed_at: "2025-08-28T23:59:59+00:00"
generated_at: "2026-05-17T09:33:46.894684+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CSLM Digital Asset Acquisition Corp III closes $230M IPO for digital-asset SPAC

## Summary
- Gross proceeds of $230M from 23M units at $10/unit, including full 3M over-allotment exercise.
- Simultaneous private placement of 891,250 Private Units to sponsor ($5.75M) and CCM ($3.1625M) for $8.9125M total.
- $230M deposited into trust account for public shareholders; funds held until business combination or redemption.
- Appointed five independent directors: Bradley, Rudick, August, Armendariz, Liew; formed audit and compensation committees.
- Company targets digital-asset infrastructure and 'new economy' companies in Frontier Growth Markets.

## SEC filing metadata
- accession: 0001829126-25-006839
- form_type: 8-K
- ticker: KOYN
- cik: 0002068454
- company_name: CSLM Digital Asset Acquisition Corp III, Ltd
- filed_at: 2025-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2068454/000182912625006839/0001829126-25-006839-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2068454/000182912625006839/cslmacq3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-006839
- JSON: https://secwatch.observer/filing/0001829126-25-006839.json
- Plain text: https://secwatch.observer/filing/0001829126-25-006839.txt

## Key facts
- Governance Changes
  CSLM Digital Asset Acquisition Corp III, Ltd: Adoption of amended and restated memorandum and articles of association (effective 2025-08-26).
  - Change: charter amendment
  - Effective: 2025-08-26
  source text: Effective August 26, 2025, and in connection with the IPO, the Company adopted its Amended and Restated Memorandum and Articles of Association.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2068454/000182912625006839/0001829126-25-006839-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.