Company: CSLMF
Filing Date: 2025-10-03
Form Type: DEF 14A
Source: 0001213900-25-096176
Chunk: 42

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-10-03
Form: DEF 14A
Chunk 42
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 the amount in the Trust Account calculated as of the date that is two days prior to the distribution
date (including any accrued interest). Prior to such distribution, we would be required to assess all claims that may be potentially
brought against us by our creditors for amounts they are actually owed and make provision for such amounts, as creditors take priority
over our Public Shareholders with respect to amounts that are owed to them. We cannot assure you that we will properly assess all claims
that may be potentially brought against us. As such, our shareholders could potentially be liable for any claims of creditors to the
extent of distributions received by them as an unlawful payment in the event we enter an insolvent liquidation. Furthermore, while we
will seek to have all vendors and service providers (which would include any third parties we engaged to assist us in any way in connection
with our search for a target business) and prospective target businesses execute agreements with us waiving any right, title, interest
or claim of any kind they may have in or to any monies held in the Trust Account, there is no guarantee that they will execute such agreements.
Nor is there any guarantee that, even if such entities execute such agreements with us, they will not seek recourse against the Trust
Account or that a court would conclude that such agreements are legally enforceable.

Our Initial Shareholders,
including our Sponsor, our officers and directors and the representative in our initial public offering, have agreed to waive their rights
to participate in any liquidation of our Trust Account or other assets with respect to the insider shares and to vote their insider shares
in favor of any dissolution and plan of distribution which we submit to a vote of shareholders. There will be no distribution from the
Trust Account with respect to our private warrants, which will expire worthless.

If the Trust Amendment Is Approved

If the Charter Amendment and
Trust Amendment are approved, the amendment to the Trust Agreement in the form of Annex B hereto will be executed and the
Trust Account will not be disbursed except in connection with our completion of the Business Combination or in connection with our liquidation
if we do not complete the Proposed Business Combination by the applicable termination date. The Company will then continue to attempt
to consummate a business combination until the applicable termination date or until the Company’s Board of Directors determines
in its sole discretion that it will not be able to consummate the Proposed Business Combination by the applicable termination date as
described below and does not wish to seek an additional extension.

Required