CSLM Digital Asset Acquisition Corp III Ltd-A 2026年季度报告

Form 10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2026 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR For the transition period fromto Commission file number: 001-42818 Registrant’s telephone number, including area code: (954) 315-9381 Securities registered pursuant to Section12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit and post such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definition of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filerEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of August 12, 2026, there were 23,891,250 Class A ordinary shares, par value $0.0001, issued and outstanding, and 7,666,667 ClassB ordinary shares, $0.0001 par value, issued and outstanding. TABLE OF CONTENTS PART I – FINANCIAL INFORMATIONItem1.Financial Statements1Condensed Balance Sheets as of June30, 2026 (Unaudited) and December 31, 20251Condensed Statements of Operations for the three and six months ended June30, 2026 and 2025(Unaudited)2Condensed Statements of Shareholders’ Deficit for the three and six months ended June30, 2026 and2025 (Unaudited)3Condensed Statements of Cash Flows for the six months ended June30, 2026 and 2025 (Unaudited)4Notes to Unaudited Condensed Financial Statements.5Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations.23Item3.Quantitative and Qualitative Disclosures About Market Risk.30Item4.Controls and Procedures.30PART II – OTHER INFORMATIONItem1.Legal Proceedings.31Item1A.Risk Factors.31Item2.Unregistered Sales of Equity Securities and Use of Proceeds.31Item3.Defaults Upon Senior Securities.31Item4.Mine Safety Disclosures.31Item5.Other Information.31Item6.Exhibits.32i CSLM Digital Asset Acquisition Corp III, LtdCONDENSED BALANCE SHEETS CSLM Digital Asset Acquisition Corp III, LtdCONDENSED STATEMENTS OF OPERATIONS(UNAUDITED) CSLM Digital Asset Acquisition Corp III, LtdCONDENSED STATEMENTS OF SHAREHOLDERS’ DEFICIT(UNAUDITED) FOR THE SIX MONTHS ENDED JUNE30, 2026 The accompanying notes are an integral part of these unaudited condensed financial statements. CSLM Digital Asset Acquisition Corp III, LtdSTATEMENTS OF CASH FLOWS(UNAUDITED) CSLM Digital Asset Acquisition Corp III, LtdNOTES TO THE UNAUDITED CONDENSED FINANCIAL STATEMENTSJUNE30, 2026 Note 1 — Organization and Business Operations CSLM Digital Asset Acquisition Corp III, Ltd (formerly known as, CSLM Acquisition Corporation II, Ltd) (the “Company”) is ablank check company incorporated as a Cayman Islands exempted company on July26, 2024. The Company was incorporated for thepurpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similarbusiness combination with one or more businesses (the “Business Combination”). The Company has selected December 31 as its fiscalyear end. As of June30, 2026, the Company has not commenced any operations. All activity for the period from July26, 2024 (inception)through June30, 2026 relates to the Company’s formation and the Initial Public Offering (as defined below). The Company will notgenerate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company maygenerate non-operating income in the form of interest income on cash, cash equivalents, and United States Treasury Securities anddividend income from marketable securities purchased from the proceeds derived from the Initial Public Offering (as defined below). On August28, 2025, the Company consummated the initial public offering (the “Initial Public Offering”) of 23,000,000 units (the“Unit