Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 118

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 118
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 the approval of the Equity Incentive Plan Proposal and “FOR” the approval of the Adjournment Proposal, if presented to the extraordinary general meeting.

The existence of financial and personal interests of one or more of CSLM’s directors may result in a conflict of interest on the part of
such director(s) between what he, she or they may believe is in the best interests of CSLM and its shareholders and what he, she or they may believe is best for himself, herself or themselves in determining to recommend that shareholders vote
for the proposals. In addition, CSLM’s officers have interests in the Proposed Transaction that may conflict with your interests as a shareholder. See “The Business Combination Proposal — Certain Interests of CSLM’s Directors and Officers and Others in the Business Combination”.

U.S. Federal Income Tax Considerations

For a discussion summarizing certain U.S. federal income tax considerations of the Domestication and an exercise of Redemption Rights in
connection with the Proposed Transaction, please see “Material U.S. Federal Income Tax Considerations”.

Accounting Considerations

The Business Combination will be accounted for as a reverse recapitalization, in accordance with U.S. Generally
Accepted Accounting Principles (“GAAP”). Under this method of accounting, CSLM will be treated as the “acquired” company for financial reporting purposes. Accordingly, the Business Combination will be treated as the equivalent of
Fusemachines issuing stock for the net assets of CSLM, accompanied by a recapitalization. The net assets of CSLM will be stated at historical cost, with no goodwill or other intangible assets recorded.

Summary Risk Factors

CSLM believes it is
important to communicate its expectations to its securityholders. However, there may be events in the future that neither CSLM nor Fusemachines are able to predict accurately or over which they have control. The section in this proxy
statement/prospectus entitled “Risk Factors” and the other cautionary language discussed in this proxy statement/prospectus provide examples of certain risks, uncertainties and events that may cause actual results to differ
materially from the expectations described by CSLM or Fusemachines in such forward-looking statements. Set forth below is only a summary of certain principal risks associated with an

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investment in our securities. You should carefully consider the following discussion of risks, as well as the discussion of risks included elsewhere in this proxy statement/prospectus, including those described under “ Risk Factors.”

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