Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 126

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 126
---
 aspects of its culture and services could adversely affect Fusemachines’ overall chance for future success, including its ability to recruit and retain personnel, and
effectively focus on and pursue its corporate objectives. This, in turn, could adversely affect its business, financial condition and results of operations.

65

In addition, Fusemachines’ ability to manage its operations and future growth will
require Fusemachines to continue to improve its operational, financial and management controls, compliance programs with multiple and changing international laws and regulations and reporting systems. Fusemachines may not be able to implement
improvements in an efficient or timely manner and may discover deficiencies in existing controls, programs, systems and procedures, which could have an adverse effect on its business, reputation, results of operations and financial condition.

Fusemachines’ sales efforts involve considerable time and expense and its sales cycle is often long and unpredictable. These fluctuations may negatively impact Fusemachines’ results of operations and financial condition.

Fusemachines’ results of
operations may fluctuate, in part, because of the intensive nature of our sales efforts and the length and unpredictability of our sales cycle. The length of our sales cycle, from initial evaluation to payment often lasts six to eight months, but
can extend to a year or more for some customers. As part of our sales efforts, we invest considerable time and expense evaluating the specific organizational needs of our potential customers and educating these potential customers about the
technical capabilities and value of our products and services.

Our sales strategy is comprised of two main constituents: our direct sales
team and our channel partners. Our direct sales team is tasked with both acquiring clients in established verticals and acquiring new channel partners in expansionary markets. We leverage our channel partners to generate leads in new verticals and
geographies which we then scale through our direct sales force. Our sales team is supported by engineers with deep technical expertise and responsibility for pre-sales technical support, solutions for engineering for our customers and technical
training for our channel partners. We generate customer leads, accelerate sales opportunities and build brand awareness through our marketing programs and through our channel partner relationships. Our marketing programs target business units within
companies rather than purchasing, human resources or administrative departments to drive sales by demonstrating the impact of our product capabilities on results. Our principal marketing programs include webinars, roadshows, sponsored exhibitions
and events, cooperative marketing efforts with channel partners, and use of our website.

Our results of operations depend on sales to
commercial enterprise organizations, which make product purchasing decisions based in