Company: CSLMF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076682
Chunk: 76

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 76
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 Meeting,
14,202,813 Class A shares were tendered for redemption. Shareholders validly redeemed their Class A ordinary shares for $149,486,187,
or approximately $10.53 per Class A ordinary share. The trustee processed the redemptions on July 11, 2023 and distributed amounts from
the Trust Account to the redeeming shareholders on July 26, 2023.

Immediately after the Special Meeting, the Company extended the time
to complete the business combination by one (1) month to August 18, 2023, and deposited the sum of $70,000 into the Trust Account in accordance
with the terms of the Trust Agreement. As of June 30, 2025, the Company has exercised thirteen (13) of the fifteen (15) additional one
(1) month extension periods, depositing an aggregate of $910,000 into the Trust Account, to extend the time to complete the business combination
to April 18, 2024.

On August 18, 2024, as approved by its shareholders at the annual general
meeting held on August 18, 2024 (the “Annual Meeting”), the Company and its trustee, Continental Stock Transfer & Trust
Company, amended the Investment Management Trust Agreement dated January 12, 2022, as amended on July 13, 2023, in order to allow the
Company to extend the time to complete a business combination on a month-to-month basis, until July 18, 2025 (the “Extended Termination
Date” or the “Extended Combination Period”) by placing $30,000 into the Company’s Trust Account. As of June 30,
2025, the Company has exercised eleven (11) additional one-month extension periods, depositing an aggregate of $330,000 into the Trust
Account to extend the time to complete the business combination to July 18, 2025.

On July 14, 2025, the shareholders’ at the extraordinary meeting
held on July 14, 2025 (the “Extraordinary Meeting”) approved an amendment to the Trust Agreement that allows the Company to
extend the time to complete a business combination on a semi-month basis, until October 18, 2025 by placing into the Company’s trust
account he lesser of $0.02 per non-redeemed Class A ordinary share, or $15,000 (see Note 10).

In connection with the Extraordinary Meeting, 371,