Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 310

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 310
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co Common Stock received in the Merger will be the
same as his, her or its tax basis in Fusemachines Common Stock surrendered in the Merger in exchange therefor, and each Non-U.S. Holder’s tax basis in the Converted Stock Options received in the
Merger will be the same as his, her or its tax basis in Fusemachines Options surrendered in the Merger in exchange therefor. The holding period of the Pubco Common Stock received in the Merger by the
Non-U.S. Holder will include the holding period of Fusemachines Common Stock surrendered in the Merger in exchange therefor, and the holding period of the Converted Stock Options received in the Merger by
the Non-U.S. Holder will include the holding period of Fusemachines Options surrendered in the Merger in exchange therefor.

If the Merger fails to qualify as a “reorganization” under Section 368(a) of the Code, a
Non-U.S. Holder of Fusemachines securities would be subject to the rules described in the section entitled “—Sale, Exchange or Other Taxable Disposition of Pubco securities” below
for Non-U.S Holders of Pubco securities.

Tax Consequences for Non-U.S.Holders of Owning and Disposing of Pubco Common Stock

Taxation of Distributions

In general, any distributions (including constructive distributions, but not including certain distributions of Pubco stock or rights to
acquire Pubco stock) made to a Non-U.S. Holder of shares of Pubco Common Stock, to the extent paid out of Pubco’s current or accumulated earnings and profits (as determined under U.S. federal
income tax principles), will constitute dividends for U.S. federal income tax purposes and, provided such dividends are not effectively connected with the Non-U.S. Holder’s conduct of a trade or
business within the United States, Pubco will be required to withhold tax from the gross amount of the dividend at a rate of 30%, unless such Non-U.S. Holder is eligible for a reduced rate of
withholding tax under an applicable income tax treaty and provides proper certification of its eligibility for such reduced rate (usually on an IRS Form W-8BEN or W-8BEN-E). In the case of any constructive dividend, it is possible that this tax would be withheld from any amount owed to a Non-U.S. Holder by the applicable
withholding agent, including cash distributions on other property or sale proceeds from warrants or other property subsequently