Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 348

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 348
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 date is
further extended at a duly called extraordinary general meeting, such later date), subject to applicable law.

On July 13, 2023, the
Company issued an aggregate of 4,743,749 shares of its Class A Shares to the Sponsor and the holder of the Company’s Class B Shares, upon the conversion of an equal number of Class B Shares (the “Conversion”).
The 4,743,749 Class A Shares issued in connection with the Conversion are subject to the same restrictions as applied to the Class B Shares before the Conversion, including, among other things, certain transfer restrictions, waiver of
redemption rights and the obligation to vote in favor of an initial business combination as described in the prospectus for our initial public offering.

On January 22, 2024, CSLM entered into the Merger Agreement with Fusemachines and Merger Sub.

On January 15, 2025, CSLM received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”),
stating that CSLM did not comply with Nasdaq Interpretive Material IM-5101-2, because the Business Combination was not consummated by January 12, 2025, 36 months after the effective date of its IPO, and that its securities were subject to
delisting. CSLM’s securities were suspended from trading on Nasdaq at the opening of business on January 22, 2025, and began trading on the OTC Markets Group, Inc. — Pink Open Market (“OTC”).

The CSLM Units, CSLM Class A Ordinary Shares, Public Warrants and Public Rights are currently listed on OTC under the symbols
“CSLUF,” “CSLMF,” “CSLWF,” and “CSLRE” respectively.

Effecting CSLM’s Initial Business Combination

General

CSLM is not
presently engaged in and CSLM will not engage in, any substantive commercial business until it completes the Business Combination with Fusemachines or another target business.

Fair Market Value of Target Business

The rules of Nasdaq require that CSLM must consummate an initial business combination with one or more operating businesses or assets with a
fair market value equal to at least 80% of the net assets held in the Trust Account (excluding the amount of any deferred underwriting discount held in trust) at the time of CSLM’s signing a definitive agreement in connection with its initial
business combination. The CSLM Board determined that this