Company: CSLMF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076682
Chunk: 44

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 their shares for $149,486,187, or approximately
$10.53 per class A 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 twelve (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 July 18, 2024. On July 17, 2024, the Company deposited $70,000 into the Trust Account to extend the time to complete the business combination
by one (1) month from July 18, 2024 to August 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 March 31,
2025, the Company has exercised eight (8) additional one-month extension periods, depositing an aggregate of $240,000 into the Trust Account
to extend the time to complete the business combination to April 18, 2025. On April 14, 2025, the Company deposited $30,000 into the Company’s
trust account to further extend the amount of time it has available to complete a business combination to May 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