Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 341

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 341
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 and for the twelve months ended December 31, 2024 of $0.5 million and $3.1 million, respectively, for the Fusemachines convertible promissory                
 notes issued in October 2019 and September 2021. Additionally, to reflect the removal of the previously recognized loss on change in fair value in the historical Fusemachines consolidated statement of operations for the three months ended           
 March 31, 2025 and for the twelve months ended December 31, 2024 of $1.0 million and $2.5 million, respectively, for the Fusemachines convertible promissory notes issued in January 2024. The October 2019 and September 2021 convertible               
 notes will be partially repaid on the Closing Date and the remainder will be converted into Fusemachines Common Stock on the Closing Date. The January 2024 convertible notes will be converted into Fusemachines Common Stock on the Closing Date. This 
 is a non-recurring item.                                                                                                                                                                                                                                 |

| (d) | To reflect the estimated transaction costs for CSLM for certain accounting, auditing, and other professional 
 fees expected to be incurred in connection with the Business Combination. This is a non-recurring item.      |

| (e) | To reflect compensation costs associated with the Sponsor’s transfers and sales of shares of                                                                                                                      
 Fusemachines Pubco Common Stock to third-party vendors providing services to CSLM. This is a non-recurring item. Refer to Note 3(e) for the impact of these share-based payment awards on the unaudited pro forma 
 condensed combined balance sheet.                                                                                                                                                                                 |

| (f) | To reflect amortization expense and interest expense for the directors’ and officers’ liability                                         
 insurance policy, interest expense is due to the portion of the policy assumed to be financed, assumed to be entered into upon Closing. |

| (g) | To reflect estimated transaction costs for Fusemachines for certain accounting, auditing, and other                                                                                                                 
 professional fees expected to be incurred in connection with the Business Combination that are not deemed to be specific incremental costs directly attributable to this proposed offering of securities. This is a 
 non-recurring item.                                                                                                                                                                                                 |

| (h) | To reflect, in the No Additional Redemption Scenario, the transaction completion bonus payment, assuming no 
 shares are redeemed to cash at the Closing of the Business Combination. This is a non-recurring item.       |

| (i) | To reflect compensation costs for the Sponsor’s sale