Company: CSLMF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076682
Chunk: 99

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 99
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 gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest
thereon, available for the funding of a Business Combination on the date of the consummation of a Business Combination (net of redemptions),
and (z) the volume weighted average trading price of the Class A ordinary shares during the 20 trading day period starting on the trading
day prior to the day on which the Company consummates a Business Combination (such price, the “Market Value”) is below $9.20
per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market
Value and the Newly Issued Price and the $18.00 per share redemption trigger price will be adjusted (to the nearest cent) to be equal
to 180% of the higher of the Market Value and the Newly Issued Price.

The Private Placement Warrants are identical to the Public
Warrants included in the Units being sold in the Initial Public Offering, except that the Private Placement Warrants and the Class A
ordinary shares issuable upon the exercise of the Private Placement Warrants are not transferable, assignable or saleable until 30
days after the completion of a Business Combination, subject to certain limited exceptions. Additionally, the Private Placement
Warrants are exercisable for cash or on a cashless basis, at the holder’s option, and are non-redeemable by the Company.

17

NOTE 7 — COMMITMENTS AND CONTINGENCIES

Registration and Shareholder Rights

The holders of the Founder Shares, Private Placement Warrants, and
warrants that may be issued upon conversion of Working Capital Loans (and any Class A ordinary shares issuable upon the exercise of the
Private Placement Warrants and warrants that may be issued upon conversion of the Working Capital Loans and upon conversion of the Founder
Shares) will be entitled to registration rights pursuant to a registration rights agreement to be signed prior to or on the effective
date of the Initial Public Offering, requiring the Company to register such securities for resale. The holders will have the right to
require us to register for resale these securities pursuant to a shelf registration under Rule 415 under the Securities Act. The holders
of a majority of these securities will also be entitled to make up to three demands, plus short form registration demands, that we register
such securities. In addition, the holders will be entitled to certain “piggy-back” registration rights with