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CSLM Digital Asset III becomes First Digital Acquisition

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Form Type
8-K

Rhea-AI Filing Summary

CSLM Digital Asset Acquisition Corp III, Ltd. (now First Digital Acquisition Corp Ltd.; KOYN) changed its name and adopted its Third A&R M&A after shareholders approved both special resolutions on November 10, 2026. The changes took effect upon approval. The new governing document makes no substantive changes beyond the name, conforming updates and an update to the registered-office provision.

As of October 9, 2026, 31,557,917 ordinary shares were entitled to vote; 27,225,635 were represented at the meeting, approximately 86.3%. Each proposal received 27,223,000 votes for and 2,635 against. The company intends to apply to Nasdaq to change its symbols to FDGXU, FDGX and FDGXW; until then, its securities continue trading as KOYNU, KOYN and KOYNW. Holders are not required to take action in connection with the name change.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Ordinary shares entitled to vote 31,557,917 shares As of October 9, 2026, the meeting record date.
Shares represented 27,225,635 shares At the annual general meeting; approximately 86.3% of ordinary shares entitled to vote.
Votes for each proposal 27,223,000 votes For both the name-change and articles-amendment proposals.
Votes against each proposal 2,635 votes Against both the name-change and articles-amendment proposals.
special resolution regulatory
"approved by special resolution"
A special resolution is a formal shareholder vote that requires a higher-than-normal majority—typically around three-quarters—to approve major corporate changes, such as altering the company’s governing rules, selling the business, or winding it up. It matters to investors because it signals decisive, potentially value-altering actions that cannot be passed by a simple majority; think of it as needing extra votes to change the rules of a club, so minority interests are harder to override.
quorum regulatory
"constituting a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
Third A&R M&A regulatory
"adopt the Company’s third amended and restated memorandum and articles of association"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is KOYN’s new company name?

CSLM Digital Asset Acquisition Corp III, Ltd. changed its name to First Digital Acquisition Corp Ltd. on November 10, 2026, after shareholders approved the name-change proposal; the name change took effect upon approval.

What are KOYN’s new ticker symbols?

The company intends to apply to Nasdaq to change the symbols for its units, Class A ordinary shares and warrants to FDGXU, FDGX and FDGXW, respectively. Until the change takes effect, they continue trading as KOYNU, KOYN and KOYNW; the company said it will announce the start date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 10, 2026

 

First Digital Acquisition Corp Ltd.

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-42818   N/A
(State or other jurisdiction of
incorporation or organization)
 

(Commission

File Number)

  (I.R.S. Employer
Identification Number)

 

2400 E. Commercial Boulevard, Suite 900

Ft. Lauderdale, FL

  33308
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (954) 315-9381

 

CSLM Digital Asset Acquisition Corp III, Ltd

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one Class A ordinary share and one-half of one Redeemable Warrant   KOYNU   The Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 per share   KOYN   The Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share   KOYNW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

The information set forth in Item 5.07 of this Current Report on Form 8-K is incorporated by reference into this Item 5.03 to the extent required.

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

On November 10, 2026, First Digital Acquisition Corp Ltd. (f/k/a CSLM Digital Asset Acquisition Corp III, Ltd) (the “Company”) held its annual general meeting of shareholders (the “Annual General Meeting”). As of the close of business on October 9, 2026, the record date for the Annual General Meeting, there were 31,557,917 ordinary shares of the Company issued and outstanding and entitled to vote, consisting of 23,891,250 Class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”), and 7,666,667 Class B ordinary shares, par value $0.0001 per share (the “Class B Ordinary Shares”). A total of 27,225,635 ordinary shares, representing approximately 86.3% of the ordinary shares issued and outstanding and entitled to vote, were present in person (including virtually) or represented by proxy at the Annual General Meeting, constituting a quorum. On each proposal, the Class A Ordinary Shares and the Class B Ordinary Shares voted together as a single class.

 

At the Annual General Meeting, the Company’s shareholders approved (i) by special resolution, a proposal to change the name of the Company from “CSLM Digital Asset Acquisition Corp III, Ltd” to “First Digital Acquisition Corp Ltd.” (the “Name Change” and such proposal, the “Name Change Proposal”), and (ii) by special resolution, subject to the approval of the Name Change Proposal, a proposal to adopt the Company’s third amended and restated memorandum and articles of association (the “Third A&R M&A”) in substitution for, and to the exclusion of, the Company’s existing second amended and restated memorandum and articles of association, to reflect the Name Change (the “Articles Amendment Proposal”). Each of the proposals was described in additional detail in the Company’s definitive proxy statement, dated October 19, 2026 (the “Proxy Statement”).

 

1. The Name Change Proposal. The Name Change Proposal was approved. The final voting tabulation for this proposal was as follows:

 

For   Against   Abstain   Broker Non-Votes
27,223,000   2,635   0   0

 

2. The Articles Amendment Proposal. The Articles Amendment Proposal was approved. The final voting tabulation for this proposal was as follows:

 

For   Against   Abstain   Broker Non-Votes
27,223,000   2,635   0   0

 

Because there were sufficient votes to approve the Name Change Proposal and the Articles Amendment Proposal, the proposal to adjourn the Annual General Meeting described in the Proxy Statement was not presented to shareholders.

 

Under Cayman Islands law, the Name Change and the Third A&R M&A took effect upon approval of the Name Change Proposal and the Articles Amendment Proposal. The Company will file the special resolutions and the Third A&R M&A with the Registrar of Companies of the Cayman Islands. Other than the Name Change, conforming changes to reflect the Name Change and an update to the registered office provision, the Third A&R M&A does not substantively change the Company’s second amended and restated memorandum and articles of association in effect immediately prior to the Annual General Meeting. The foregoing description of the Third A&R M&A does not purport to be complete and is qualified in its entirety by reference to the full text of the Third A&R M&A, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

1

 

 

Item 8.01. Other Events.

 

In connection with the Name Change, the Company intends to apply to The Nasdaq Stock Market LLC (“Nasdaq”) to change the trading symbols of its units, Class A Ordinary Shares and warrants from “KOYNU,” “KOYN” and “KOYNW” to “FDGXU,” “FDGX” and “FDGXW,” respectively. Until the change of trading symbols takes effect, the Company’s units, Class A Ordinary Shares and warrants will continue to trade on Nasdaq under the symbols “KOYNU,” “KOYN” and “KOYNW,” respectively. The Company will announce the date on which its securities will begin trading under the new symbols. The CUSIP numbers for the Company’s units, Class A Ordinary Shares and warrants did not change as a result of the Name Change, and holders of the Company’s securities are not required to take any action in connection with the Name Change.

 

Item 9.01. Financial Statements and Exhibits.

 

  (d) Exhibits.

 

Exhibit No.   Description
3.1   Third Amended and Restated Memorandum and Articles of Association of First Digital Acquisition Corp Ltd., adopted by special resolution on November 10, 2026.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

2

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: November 12, 2026 FIRST DIGITAL ACQUISITION CORP LTD.
   
  By: /s/ Vikas Mittal
  Name: Vikas Mittal
  Title: Chief Financial Officer

 

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Filing Exhibits & Attachments

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