CSLM Digital Asset Acquisition Corp III, Ltd

CSLM Digital Asset Acquisition Corp III, Ltd (Nasdaq: KOYNU) is a blank-check company sponsored by CSLM focused on the digital assets sector. The vehicle represents the third SPAC raised under the CSLM sponsor umbrella, reflecting continued activity by that group in the digital asset space. On December 17, 2025, the company filed a Form 425 with the SEC, a prospectus-related communication typically associated with an active business combination process, indicating the SPAC is currently engaged in a proposed transaction. The filing, carrying accession number 0001829126-25-010043, is publicly available through EDGAR. Investors and analysts tracking SPAC deal activity in the digital asset vertical can sign up at SpacDesk for full filing history, sponsor profiles, and real-time deal monitoring on KOYNU and hundreds of other active SPACs.