Company: CSLMF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076682
Chunk: 0

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1. Interim
Financial Statements

CSLM ACQUISITION CORP.

CONDENSED CONSOLIDATED BALANCE SHEETS

    June 30,
2025
(unaudited)  
    December 31,
2024 
  
    Assets: 

    Current assets: 

    Cash 
    $14,041  
    $83,227 
  
    Prepaid expenses 
     48,967  
     6,670 
  
    Due from related party 
     32,546  
     31,849 
  
    Other receivable, net of reserve for credit losses of $0 and $505,000 as of June 30, 2025 and December 31, 2024, respectively 
     —  
     — 
  
    Marketable securities held in trust account 
     16,572,304  
     16,053,202 
  
    Total current assets 
     16,667,858  
     16,174,948 
  
    Total Assets 
    $16,667,858  
    $16,174,948 
  
    Liabilities, Class A Ordinary
    Shares Subject to Possible Redemption and Shareholders’ Deficit 

    Current liabilities: 

    Accounts payable 
    $290,372  
    $330,180 
  
    Accrued expenses 
     1,200,779  
     968,615 
  
    Promissory note – related party 
     3,363,000  
     2,750,000 
  
    Accrued interest – related party 
     200,109  
     129,630 
  
    Deferred underwriting commissions 
     6,641,250  
     6,641,250 
  
    Total current liabilities 
     11,695,510  
     10,819,675 
  
    Total Liabilities 
     11,695,510  
     10,819,675 
  
    Commitments and Contingencies (Note 7) 

    Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized, 1,372,687 shares subject to redemption as of June 30, 2025 and December 31, 2024 
     16,572,304  
     16,053,202