Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 340

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 340
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), 3(eee), and 3(ggg) on the balance sheet reflect the total interest incurred from                                                                                                                                               
 April 1, 2025 through the estimated Closing Date on the following convertible notes held at amortized cost: (i) the related party promissory notes by Fusemachines to its Chief Executive Officer, (ii) the Third Amended and Restated               
 Promissory Note and Fourth Amended and Restated Promissory Note, (iii) five Fusemachines convertible notes issued in April 2024, June 2024, two issued in September 2024, and February 2025, and (iv) the convertible note to an affiliate of        
 the Sponsor described in Note 3(fff), respectively. As the related party promissory notes held at amortized cost in (i) are assumed to have been repaid in cash on January 1, 2024 for purposes of potentially making pro forma adjustments to       
 the statement of operations, no adjustment to record interest expense has been made on the pro forma statement of operations because the notes are deemed to no longer exist on January 1, 2024 as it is assumed they were repaid on this date       
 resulting in a $0 thousand adjustment within the interest expense line item. As the convertible notes held at amortized cost in (ii), (iii), and (iv) are assumed to have been converted into stock on January 1, 2024 for purposes of               
 potentially making pro forma adjustments to the statement of operations, no adjustment to record interest expense has been made on the pro forma statement of operations because the notes are deemed to no longer exist on January 1, 2024 as it is 
 assumed they converted into stock on this date resulting in a $0 thousand adjustment within the interest expense line item. This is a non-recurring item.                                                                                            |

Pro Forma Transaction Accounting Adjustments:

| (a) | To reflect the elimination of historical interest expense on the CSLM promissory note as it will be repaid 
 on the Closing Date.                                                                                       |

| (b) | To reflect the removal of the previously recognized dividend income from CSLM’s marketable securities 
 held in Trust Account which will be released upon the Closing of the Business Combination.            |

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| (c) | To reflect the removal of the previously recognized loss on change in fair value in the historical                                                                                                                                                       
 Fusemachines consolidated statement of operations for the three months ended March 31, 2025