Company: CSLMF
Filing Date: 2025-06-24
Form Type: DEF 14A
Source: 0001193125-25-144883
Chunk: 39

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-06-24
Form: DEF 14A
Chunk 39
---
 the tabulated vote there are insufficient votes to approve the Extension Proposal and the Trust Amendment Proposal, the Company may
put the Adjournment Proposal to a vote as the first resolution in order to seek additional time to obtain sufficient votes in support of the Extension Proposal and the Trust Amendment Proposal. If the Extension Proposal and the Trust Amendment are
not approved at the General Meeting, we expect to take all necessary actions and hold additional general meetings until July 18, 2025, to obtain the approval of the Extension Proposal and the Trust Amendment Proposal. If the Extension Proposal
and the Trust Amendment Proposal are not approved and we are unable to consummate the Proposed Business Combination prior to or on July 18, 2025, as provided in and in accordance with the Existing Charter, the Company shall (i) cease all
operations except for the purpose of winding up and the redemption of 100% of the outstanding Public Shares in accordance with the procedures set forth in the Existing Charter; (ii) as promptly as reasonably possible but not more than ten
business days thereafter, redeem the Public Shares, at a per-Share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the Trust Account and
not previously released to the Company to pay income taxes, if any, (less up to $100,000 of interest to pay dissolution expenses), divided by the number of Public Shares then in issue, which redemption will completely extinguish public
Shareholders’ rights as Shareholders (including the right to receive further liquidation distributions, if any); and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s
remaining Shareholders and the Directors, liquidate and dissolve, subject in the case of sub-articles (ii) and (iii), to its obligations under Cayman Islands law to provide for claims of creditors and in
all cases subject to the other requirements of applicable law. it may trigger our winding up, liquidation and dissolution, unless we exercise our automatic extension feature pursuant to the terms of our Existing Charter. As a result, we will would
undergo the voluntary liquidation procedure under the Companies Act (As Revised) of the Cayman Islands (the “Companies Act”). A special resolution would be required from our shareholders to commence such a voluntary winding up,
liquidation and dissolution under the terms of our Existing Charter. At such time, the Private Warrants will expire and the Sponsor will receive nothing upon a liquidation with