Cslm Digital Asset Acquisition Corp III Ltd
3 ballot items.
Shareholders will vote on changing the Company’s name, adopting amended and restated governing documents to reflect the name change, and authorizing meeting adjournment if needed for additional solicitation or proxy-material updates.
On the ballot3
- 1
Name Change Proposal
ManagementBoard: FORApprove a special resolution changing the Company’s name from “CSLM Digital Asset Acquisition Corp III, Ltd” to “First Digital Acquisition Corp Ltd.” to align its corporate identity with First Digital, the target of its proposed business combination, and its anticipated go-forward business.
More detail
The proposal asks shareholders to approve changing the Company’s legal name to First Digital Acquisition Corp Ltd. The current name, CSLM Digital Asset Acquisition Corp III, Ltd, reflects the Company’s SPAC identity rather than its proposed post-transaction identity. Management states that the change is intended to align the corporate identity with First Digital Group Ltd., the target of the proposed initial business combination. The name change is being presented before shareholders vote on the proposed business combination itself, which will be considered at a separate future meeting. Approval would not otherwise change the Company’s business, management, or the rights of its securityholders. If approved, the Company intends to seek corresponding Nasdaq ticker-symbol changes for its units, Class A ordinary shares, and warrants. The related amended and restated memorandum and articles proposal is conditioned on approval of this name change. The proposal requires a Cayman Islands special resolution passed by at least two-thirds of votes cast by the ordinary shares voting together as one class. The Board unanimously recommends voting FOR because it determined that the name change is in the best interests of the Company and its shareholders.
- 2
Articles Amendment Proposal
ManagementBoard: FORApprove a special resolution, conditional on approval of the Name Change Proposal, adopting the Third Amended and Restated Memorandum and Articles of Association in place of the existing governing documents to reflect the name change.
More detail
The proposal asks shareholders to replace the Company’s existing Second Amended and Restated Memorandum and Articles of Association with the Third Amended and Restated Memorandum and Articles of Association attached as Annex A. The amendment is principally intended to incorporate and reflect the proposed change of the Company’s name. Approval is expressly conditioned on approval of the Name Change Proposal, so the new governing documents will not take effect if the name change fails. The Company would file the approved Third A&R M&A with the Cayman Islands Registrar of Companies. The Annex A document identifies the proposed name as First Digital Acquisition Corp Ltd. The filing states that the proposal is not itself a vote on the proposed business combination with First Digital, which will be submitted separately. The amended documents retain the SPAC framework, including provisions concerning the trust account, redemption rights, business-combination procedures, and shareholder voting. The proposal requires a Cayman Islands special resolution supported by at least two-thirds of votes cast by the ordinary shares voting together as a single class. The Board unanimously recommends voting FOR because it determined that the amendment is in the best interests of the Company and its shareholders.
- 3
Adjournment Proposal
ManagementBoard: FORApprove an ordinary resolution authorizing adjournment of the Annual General Meeting to a later date if needed to provide supplemental or amended proxy materials, solicit additional proxies, address insufficient votes on the first two proposals, or for another Board-approved reason.
More detail
The proposal asks shareholders to authorize the chairman to adjourn the Annual General Meeting to a later date or dates under specified circumstances. The authority could be used to provide shareholders with a required supplement or amendment to the proxy materials. It could also permit additional solicitation of proxies if the votes tabulated at the meeting are insufficient to approve the Name Change Proposal or Articles Amendment Proposal. The resolution additionally covers any other reason approved by the Board. Management is seeking this flexibility to avoid an immediate failure of the related proposals caused by an inadequate vote count or the need for further disclosure. The filing warns that without approval, the chairman may not be able to adjourn the meeting for additional solicitation when a quorum exists but the required votes have not been obtained. The proposal requires an ordinary resolution, meaning a simple majority of votes cast by the ordinary shares voting together as one class. The proposal is not conditioned on approval of the Name Change Proposal or Articles Amendment Proposal, although it will not be presented if both of those proposals are approved. The Board unanimously recommends voting FOR because it considers the adjournment mechanism to be in the best interests of the Company and shareholders.
Nominees on the ballot
Top institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | GLAZER CAPITAL, LLC | 4.0% | 1,262,159 | $13M |
| 2 | AQR Arbitrage LLC | 3.7% | 1,173,828 | $12M |
| 3 | JPMORGAN CHASE & CO | 3.7% | 1,167,720 | $12M |
| 4 | Parallax Volatility Advisers, L.P. | 2.9% | 906,148 | $9M |
| 5 | Magnetar Financial LLC | 2.5% | 800,000 | $8M |
| 6 | Radcliffe Capital Management, L.P. | 2.2% | 701,739 | $7M |
| 7 | Verition Fund Management LLC | 2.2% | 700,000 | $7M |
| 8 | Hudson Bay Capital Management LP | 2.1% | 650,000 | $7M |
| 9 | Wealthspring Capital LLC | 1.9% | 601,070 | $6M |
| 10 | LINDEN ADVISORS LP | 1.9% | 600,000 | $6M |
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Frequently asked questions
- When is the Cslm Digital Asset Acquisition Corp III Ltd 2026 annual meeting?
- Cslm Digital Asset Acquisition Corp III Ltd (KOYN) holds its 2026 annual shareholder meeting on Tuesday, November 10, 2026.
- What is the record date for the Cslm Digital Asset Acquisition Corp III Ltd 2026 meeting?
- The record date for the Cslm Digital Asset Acquisition Corp III Ltd 2026 meeting is Friday, October 9, 2026. Shareholders of record on or before that date are eligible to vote.
- What proposals will shareholders vote on at the Cslm Digital Asset Acquisition Corp III Ltd 2026 meeting?
- Shareholders will vote on 3 proposals at the Cslm Digital Asset Acquisition Corp III Ltd 2026 meeting, each tagged with who proposed it and the board's recommendation.
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