CSLM Digital Asset Acquisition Corp III, Ltd
Business
CSLM Digital Asset Acquisition Corp III, Ltd is a blank-check company incorporated in the Cayman Islands formed to identify and execute a business combination with target companies. The company raised capital through an initial public offering and a concurrent private placement. It seeks acquisition targets in digital assets, Web3 technologies, financial services infrastructure, and blockchain-driven business models, with emphasis on companies in emerging and frontier markets.
Summary from 10-K filed 2026-03-19
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Formation, general and administrative expenses | 799,744 | |
| Insurance expense | 25,890 | |
| Listing fees | 35,417 | |
| Net loss from operations | −861,051 | |
| Interest income on Trust Account | 3 | |
| Interest income on money market mutual fund | 14,607 | |
| Share based compensation expense | −559,000 | |
| Net other income | 3 | |
| Net income (loss) | 2 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-07-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 3 | 0 | — | |
| Prepaid expenses current | 75,000 | — | — | |
| Total current assets | 3 | — | — | |
| Treasury Securities held in Trust Account | 233 | 0 | — | |
| Prepaid expenses non-current | 49,110 | — | — | |
| Deferred offering costs | — | 35,480 | — | |
| Total non-current assets | 233 | 35,480 | — | |
| Total Assets | 236 | 35,480 | — | |
| Accounts payable | 104,043 | — | — | |
| Accrued expenses | 105,515 | 11,426 | — | |
| Accrued offering costs | — | 35,480 | — | |
| Promissory note related party | — | 11,394 | — | |
| Total current liabilities | 209,558 | 58,300 | — | |
| Deferred underwriting commissions | 9 | — | — | |
| Total non-current liabilities | 9 | — | — | |
| Total Liabilities | 9 | 58,300 | — | |
| Class A ordinary shares, $0.0001 par value; 445,000,000 shares authorized, 23,000,000 and 0 shares subject to possible redemption issued and outstanding at redemption value as of December 31, 2025 and 2024, respectively | 233 | — | — | |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding as of December 31, 2025 and 2024, respectively | — | — | — | |
| Additional paid-in capital | — | — | — | |
| Accumulated deficit | −6 | −22,820 | — | |
| Total Shareholders Deficit | −6 | −22,820 | — | |
| Total Liabilities, Class A Ordinary Shares Subject to Redemption, and Shareholders Deficit | 236 | 35,480 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Formation, general and administrative expenses paid by Sponsor under promissory note related party | — | |
| Prepaid expenses | −124,110 | |
| Accounts payable | 104,043 | |
| Accrued expenses | 94,089 | |
| Due from related party | 2,322 | |
| Net cash used in operating activities | −770,100 | |
| Investment in Trust Account | −230 | |
| Net cash used in investing activities | −230 | |
| Proceeds from sale of Units | 230 | |
| Proceeds from sale of Private Placement Units | 9 | |
| Payment of underwriter fees and commissions | −5 | |
| Proceeds from issuance of Class B ordinary shares | 25,000 | |
| Proceeds from promissory note related party | 259,000 | |
| Payment of promissory note related party | −272,716 | |
| Payment of offering costs | −345,396 | |
| Net cash provided by financing activities | 234 | |
| Net change in cash and cash equivalents | 3 | |
| Initial fair value of Class A ordinary shares subject to possible redemption | 211 | |
| Remeasurement of Class A ordinary shares to redemption value | 23 | |
| Deferred offering costs included in accrued offering costs | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is CSLM Digital Asset Acquisition Corp III, Ltd's CIK number?
CSLM Digital Asset Acquisition Corp III, Ltd's SEC CIK number is 0002068454 (2068454). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find CSLM Digital Asset Acquisition Corp III, Ltd's SEC filings?
All of CSLM Digital Asset Acquisition Corp III, Ltd's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.