Company: CSLMF
Filing Date: 2025-09-19
Form Type: PRE 14A
Source: 0001213900-25-089554
Chunk: 11

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-09-19
Form: PRE 14A
Chunk 11
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 amended (the “Trust Agreement”), by and between
the Company and Continental Stock Transfer & Trust Company (the “Trustee”), allowing the Company to extend the
Combination Period on a semi-monthly basis until December 18, 2025 (as amended, the “Trust Amendment”), and (z) a
proposal by an ordinary resolution to adjourn the General Meeting if necessary.

| Q. | Why is the Company proposing 
 the Extension Proposal?      |

A. The Company is a blank check
company incorporated in the Cayman Islands as an exempted company. We were incorporated for the purpose of effecting a merger, share
exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses,
which we refer to as our initial business combination. On January 22, 2024, the Company entered into a Merger Agreement, by and among
CSLM, CSLM Merger Sub Inc., a Delaware corporation and a direct, wholly owned subsidiary of CSLM (“Merger Sub”), and Fusemachines
Inc., a Delaware corporation (“Fusemachines” or the “Target”) (as it may be amended and/or restated
from time to time, the “Merger Agreement”). Our Existing Charter provides for the return of the IPO proceeds held
in the Trust Account to the holders of Public Shares if there is no qualifying business combination(s) consummated on or before the Current
Termination Date, assuming that the time to complete a business combination is not extended as provided in the Existing Charter. The
Company’s Existing Charter provides that the Sponsor Company has the right to cause the Company to extend the period of time to
consummate a business combination (the “Combination Period”) on a month-to-month basis until July 18, 2025 by depositing
$30,000 into the Trust account per Extension Period. As of the date of this proxy statement, the Company has until July 18, 2025 (the
”Current Termination Date”) to complete its Proposed Business Combination.

The purpose of
the Extension Proposal is to allow the Company more time to complete its proposed business combination (the “Proposed Business Combination”).

<div align='center'>3</div>

Our board of directors currently
believes that there will not be sufficient time before the Current Termination Date to complete its Proposed Business Combination and
hold a general meeting at which to conduct a vote for shareholder approval of the Proposed Business Combination. Accordingly