Company: CSLMF
Filing Date: 2025-10-03
Form Type: DEF 14A
Source: 0001213900-25-096176
Chunk: 32

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-10-03
Form: DEF 14A
Chunk 32
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 Proposal and the Trust Amendment are not approved at the General Meeting, we expect
to take all necessary actions and hold additional general meetings until July 18, 2025, to obtain the approval of the Extension Proposal
and the Trust Amendment Proposal. If the Extension Proposal and the Trust Amendment Proposal are not approved by July 18, 2025 and we
are unable to consummate the Proposed Business Combination prior to or on July 18, 2025, assuming that the time to complete a business
combination is not extended in accordance with the Existing Charter, the Company shall (i) cease all operations except for the purpose
of winding up; (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a
per-Share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the
Trust Account and not previously released to the Company to pay income taxes, if any, (less up to $100,000 of interest to pay dissolution
expenses), divided by the number of Public Shares then in issue, which redemption will completely extinguish public Shareholders’
rights as Shareholders (including the right to receive further liquidation distributions, if any); and (iii) as promptly as reasonably
possible following such redemption, subject to the approval of the Company’s remaining Shareholders and the Directors, liquidate
and dissolve, subject in the case of sub-articles (ii) and (iii), to its obligations under Cayman Islands law to provide for claims of
creditors and in all cases subject to the other requirements of applicable law. At such time, the Private Warrants will expire and the
Sponsor will receive nothing upon a liquidation with respect to such Private Warrants, and the Private Warrants will be worthless.

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The amount in the Trust Account
(less approximately $1,897.50 representing the aggregate nominal par value of the shares issued in the IPO) under the Companies Act will
be treated as a share premium which is distributable under the Companies Act, provided that immediately following the date on which the
proposed distribution is proposed to be made, we are able to pay our debts as they fall due in the ordinary course of business. If we
are forced to liquidate the Trust Account, we anticipate that we would distribute to holders of the Public Shares issued in the IPO (the
“Public Shareholders”) the amount in