Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 457

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 457
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 the above, if the Pubco Common Stock is at the time of any exercise of an Pubco Warrant not listed on a national securities exchange such that it satisfies the definition of a “covered security” under Section 18(b)(1) of the Securities Act, Pubco may, at its option, require holders of Pubco Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event Pubco so elects, Pubco will not be required to file or maintain in effect a registration statement, and in the event Pubco does not so elect, Pubco will use its best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available. In such event, each holder would pay the exercise price by surrendering the Pubco Warrants for that number of shares of Pubco Common Stock equal to the lesser of (A) the quotient obtained by dividing (x) the product of the number of shares of Pubco Common Stock underlying the Pubco Warrants, multiplied by the excess of the “fair market value” (as defined below) over the exercise price of the Pubco Warrants by (y) the fair market value and (B) 0.361. The “fair market value” as used in this paragraph shall mean the average reported closing price of the Pubco Common Stock for the 10 trading days ending on the trading day prior to the date on which the notice of exercise is received by the warrant agent. Redemption of Pubco Warrants when the price per share of Pubco Common Stock equals or exceeds $18.00. Once the Pubco Warrants become exercisable, Pubco may redeem the outstanding Pubco Warrants:

| • |     | in whole and not in part; |

| • |     | at a price of $0.01 per warrant; |

| • |     | upon not less than 30 days’ prior written notice of redemption (the 
 “30-day redemption period”) to each warrant holder; and             |

| • |     | if, and only if, the closing price of the shares of Pubco Common Stock equals or exceeds $18.00 per share (as                                                         
 adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of an Pubco Warrant as described under the heading “— Warrants — Public 
 Warrants — Anti-Dilution Adjustments”) for any