4//SEC Filing
Cassel Charles T. III 4
Accession 0001829126-25-006844
CIK 0002068454other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 5:00 PM ET
Size
9.4 KB
Accession
0001829126-25-006844
Insider Transaction Report
Form 4
Cassel Charles T. III
Chief Executive Officer10% Owner
Transactions
- Purchase
Warrants to purchase Class A ordinary shares
2025-08-28+287,500→ 287,500 total(indirect: See Footnote)Exercise: $11.50→ Class A ordinary shares (287,500 underlying) - Purchase
Class A ordinary shares
2025-08-28+575,000→ 575,000 total(indirect: See Footnote)
Footnotes (3)
- [F1]CSLM Acquisition Sponsor II, Ltd (the "Sponsor"), is the record holder of the private units reflected herein. Each private unit consists of one Class A ordinary share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share. The private units were purchased by the Sponsor at $10.00 per unit. The legal and beneficial owners of the Sponsor are: (i) Consilium Investment Capital, Inc., which is owned and controlled by Charles T Cassel III and Jonathan M. Binder and (ii) Samara CSLM, LLC which is owned and controlled by Vikas Mittal. By virtue of their shared control over the manager of the Sponsor, Mr. Cassel, Mr. Binder, and Mr. Mittal may be deemed to beneficially own shares held by the Sponsor. Mr. Cassel disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- [F2]The warrants included in the private units will become exercisable 30 days after the completion of the issuer's initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation. Mr. Cassel disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- [F3]Does not include the Class B ordinary shares reported on the Reporting Person's Form 3 that will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments.
Documents
Issuer
CSLM Digital Asset Acquisition Corp III, Ltd
CIK 0002068454
Entity typeother
Related Parties
1- filerCIK 0001566600
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 5:00 PM ET
- Size
- 9.4 KB