CSLM Digital Asset Acquisition Corp III, Ltd (KOYN) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 14, 2026

Risk Assessment Details

Potential Dilution: 100.0% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
23M
Potential Supply
23M
Additional shares possible
Splits
None
Past 2 years

Summary

KOYN currently has 23M outstanding shares. with significant dilution risk as 23M authorized shares could dilute existing holders by 100.0%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 14, 2026

10-Q filing | 23.0M shares outstanding

23M 23M
Mar 19, 2026

10-K filing | 23.9M shares outstanding

24M 23M
Sep 16, 2025

8-K filing: CSLM Digital Asset Acquisition Corp III, Ltd consummated its initial public offering of 23,000,000 units at $10.00 per Unit, generating gross proceeds of $230,000,000 and announced that the holders of the Units may elect to trade Class A Ordinary Shares and the Warrants comprising the Units separately commencing on September 19, 2025. ($230.0M proceeds)

N/A 23M
Sep 04, 2025

8-K filing: CSLM Digital Asset Acquisition Corp III, Ltd consummated its initial public offering of 23,000,000 units at $10.00 per Unit, generating gross proceeds of $230,000,000, and also consummated a private placement of 891,250 units to CSLM Acquisition Sponsor II, Ltd and Cohen & Company Capital Markets at $10.00 per Private Unit, generating total proceeds of $8,912,500. ($238.91M proceeds)

N/A 23M
Aug 28, 2025

8-K filing: CSLM Digital Asset Acquisition Corp III, Ltd consummated its IPO consisting of 23,000,000 units at $10.00 per Unit, generating gross proceeds of $230,000,000, and simultaneously consummated a private placement of 891,250 units to the Sponsor and CCM at $10.00 per Private Unit, generating total proceeds of $8,912,500. ($238.91M proceeds)

N/A 23M
Aug 12, 2025

S-1/A filing: CSLM Digital Asset Acquisition Corp III, Ltd is offering 20,000,000 units at $10.00 per unit in an initial public offering.

N/A 23M
Jul 22, 2025

S-1/A filing: CSLM Digital Asset Acquisition Corp III, Ltd is offering 20,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant in an initial public offering.

N/A 20M
Jul 08, 2025

S-1/A filing: CSLM Digital Asset Acquisition Corp III, Ltd is offering 20,000,000 units at $10.00 per unit in an initial public offering, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.

N/A 20M
Jun 18, 2025

S-1 filing: CSLM Digital Asset Acquisition Corp III, Ltd is offering 20,000,000 units at $10.00 per unit in an initial public offering, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.

N/A 20M
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