CSLM Digital Asset Acquisition Corp III, Ltd KOYN
CSLM Digital Asset Acquisition Corp III, Ltd ("we", "us", "our" and the "Company") is a blank check company incorporated in the Cayman Islands as an exempted company on July 26, 2024 for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this Annual Report as our initial business combination. While we may pursue an initial business combination in any business or industry, we expect to focus on sectors aligned with the ongoing digitization of financial infrastructure. These include digital assets, Web3 technologies, financial services infrastructure, and other blockchain-driven business models. Additionally, we will maintain a strong emphasis on companies based in or focused on emerging and frontier markets.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| SG&A | $799.7K | — |
| Operating income | -$861.1K | — |
| Interest expense | $3.3M | — |
| Net income | $1.8M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Cash and equivalents | $3.1M | $0 |
| Total current assets | $3.2M | — |
| Total assets | $236.5M | $35.5K |
| Accounts payable | $104.0K | — |
| Total current liabilities | $209.6K | $58.3K |
| Total liabilities | $9.4M | $58.3K |
| Retained earnings | -$6.2M | -$22.8K |
| Total equity | -$6.2M | -$22.8K |
Cash flow
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Operating cash flow | -$770.1K | — |
| Stock-based compensation | $559.0K | — |
| Investing cash flow | -$230.0M | — |
| Financing cash flow | $233.9M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001829126-26-002517.
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