Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 158

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 158
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0.10 per Public Warrant as of June 27, 2025. We cannot predict the ultimate value of the Public Warrants following consummation of the Business Combination. Sales of substantial numbers of shares issued upon the exercise of Pubco Warrants in the public market or the potential that such warrants may be exercised could also adversely affect the market price of Pubco Common Stock. There can be no assurance that the shares of Pubco Common Stock that will be issued in connection with the Business Combination will be approved for listing on Nasdaq following the Closing, or that Pubco will be able to comply with the continued listing rules of Nasdaq. CSLM Units, Public Shares, Rights and Public Warrants are currently listed on OTC. We have applied for listing of the Pubco Common Stock and Pubco Warrants on Nasdaq. However, there can be no assurance that the shares of Pubco Common Stock or Pubco Warrants that will be issued in connection with the Business Combination will be approved for listing on Nasdaq following the Closing. Even if Pubco’s securities are so listed at Closing, Pubco may be unable to maintain the listing of its securities in the future. The continued eligibility for listing of Pubco’s securities may depend on, among other things, the number of our shares that are redeemed. If we are unable to list our securities on the Nasdaq, or if after the Business Combination, Nasdaq delists the shares of Pubco Common Stock or Public Warrants from trading on its exchange for failure to meet its listing rules, Pubco and its stockholders could face significant material adverse consequences including:

| • |     | a limited availability of market quotations for our securities; |

| • |     | reduced liquidity for our securities; |

| • |     | a determination that the Pubco Common Stock is a “penny stock” which will require brokers trading in                                                                          
 shares of Pubco Common Stock to adhere to more stringent rules and possibly result in a reduced level of trading activity in the secondary trading market for our securities; |

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| • |     | a limited amount of news and analyst coverage; and |

| • |     | a decreased ability to issue additional securities or obtain additional financing in the future. |

The National Securities Markets Improvement Act of 1996, which is a federal statute, prevents or preempts the states from regulating the sale of certain securities, which are referred to as “covered securities.” The Pubco Common Stock and Public Warrants are covered securities. Although the