CSLM Digital Asset Acquisition Corp III, Ltd

CSLM Digital Asset Acquisition Corp III, Ltd, trading under the ticker KOYNU, is a blank-check company sponsored by CSLM with a stated focus on the digital assets sector. The vehicle is the third SPAC from the CSLM sponsor family and filed a Form 425 with the SEC on December 2, 2025, signaling an active business combination process underway. The unit-stage ticker suffix indicates the company remains in an early phase of its public lifecycle as it seeks a qualifying transaction within the digital asset and cryptocurrency space. Investors and analysts tracking the digital assets SPAC pipeline can sign up for full data access on SpacDesk.