{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-007166","form_type":"8-K","ticker":"KOYN","cik":"0002068454","company_name":"CSLM Digital Asset Acquisition Corp III, Ltd","filed_at":"2025-09-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.938170+00:00","generated_at":"2026-05-17T08:22:55.904655+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CSLM Digital Asset Acquisition Corp III closes $230M IPO; trust account funded; auditor raises going concern doubt","bullets":["IPO of 23M units at $10/unit raised $230M; private placement of 891,250 units to sponsor and CCM raised $8.9M.","Trust account holds $230M; deferred underwriting fees of $9.2M; cash on hand $3.73M.","Auditor's report includes substantial doubt about ability to continue as going concern due to working capital deficiency and expected costs.","Class A ordinary shares subject to redemption at $10 per share; 24 months from IPO to complete business combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-007166","json":"https://secwatch.observer/filing/0001829126-25-007166.json","markdown":"https://secwatch.observer/filing/0001829126-25-007166.md","text":"https://secwatch.observer/filing/0001829126-25-007166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2068454/000182912625007166/0001829126-25-007166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2068454/000182912625007166/cslmacq3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:22:55.904655+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}