Every 8-K that CSLM Digital Asset Acquisition Corp III Units (KOYNU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow KOYNU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KOYNU filings page.
CSLM Digital Asset Acquisition Corp III, Ltd (KOYN) signed a definitive business combination agreement with First Digital Group Ltd., valuing First Digital at $250 million on a pre-money equity basis. First Digital would continue into the Cayman Islands, KOYN would merge into a new holding company, and the holding company’s subsidiary would then merge into First Digital, which would become its wholly owned subsidiary. Closing is expected in the first half of 2027, subject to shareholder and regulatory approvals, an effective Form F-4 registration statement, Nasdaq listing approval and other conditions; the agreement has no minimum cash condition.
The holding company’s Class A shares would carry one vote each, while First Digital Founder and CEO Vincent Chok would receive Class B shares carrying ten votes each. His milestone-based earn-out shares would be placed in escrow and forfeited if applicable milestones are not met.
As of June 30, 2026, First Digital said FDUSD had recorded more than $4 trillion in cumulative trading volume. Its reserves are backed by cash and cash equivalents, including short-dated U.S. Treasury bills, and receive independent monthly attestations. Finance District does not yet contribute material revenue.
CSLM Digital Asset Acquisition Corp III, Ltd has made its PFIC Annual Information Statement for fiscal year 2025 available on its website and as Exhibit 99.1 to a current report. The statement supports U.S. shareholders in preparing Form 8621 related to passive foreign investment company tax rules.
The PFIC statement reports ordinary earnings of $0.0011226332 per share per day and no net capital gain per share per day. It also notes no cash and no fair market value of property for PFIC reporting purposes. Investors are advised to consult their own tax advisors regarding application of the PFIC rules.
CSLM Digital Asset Acquisition Corp III, Ltd reports that investors in its recently completed IPO can soon trade the securities from its units separately. The company previously completed an IPO of 23,000,000 units at $10.00 per unit, generating gross proceeds of $230,000,000, with each unit containing one Class A ordinary share and one-half of one redeemable warrant.
Effective September 19, 2025, holders may elect to separate their units so that the Class A ordinary shares trade on Nasdaq under the symbol KOYN and the warrants trade under KOYNW, while any units that remain combined will continue to trade under KOYNU. Only whole warrants will trade, and holders must instruct their brokers to work with the transfer agent to complete the separation.