Company: CSLMF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076682
Chunk: 115

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 115
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 year from the date these financial statements are issued. These financial statements do not
include any adjustments that might result from the outcome of this uncertainty.

Contractual Obligations

We do not have any long-term debt, capital lease obligations, operating
lease obligations or long-term liabilities as of June 30, 2025.

The underwriter of the IPO is entitled to a deferred discount of $0.35
per Unit, or $6,641,250 in the aggregate. The deferred discount will become payable to the underwriter from the amounts held in the Trust
Account solely in the event that we complete a Business Combination, subject to the terms of the underwriting agreement.

On November 28, 2023, the Company and the underwriter entered into
an agreement under which (i) the Sponsor will transfer 426,000 Class A ordinary shares held by the Sponsor to the underwriter upon the
closing of the Company’s initial business combination and (ii) the underwriter will waive the deferred underwriter fee payable and
any deferred underwriting commissions payable pursuant to the underwriter agreement dated April 22, 2021. For avoidance of doubt, the
agreement applies only if the initial Business Combination is consummated, and the transfer of shares is effective and completed. Except
as specifically amended in the agreement, all terms of the underwriting agreement dated April 22, 2021 shall remain in full force and
effect.

Commitments and Contingencies

Registration and Shareholder Rights

The holders of the Founder Shares, Private Placement Warrants, and
warrants that may be issued upon conversion of Working Capital Loans (and any Class A ordinary shares issuable upon the exercise of the
Private Placement Warrants and warrants that may be issued upon conversion of the Working Capital Loans and upon conversion of the Founder
Shares) will be entitled to registration rights pursuant to a registration rights agreement to be signed prior to or on the effective
date of the Initial Public Offering, requiring the Company to register such securities for resale. The holders will have the right to
require us to register for resale these securities pursuant to a shelf registration under Rule 415 under the Securities Act. The holders
of a majority of these securities will also be entitled to make up to three demands, plus short form registration demands, that we register
such securities. In addition, the holders will be entitled to certain “piggy-back” registration rights with respect to registration
statements filed subsequent to our completion of our initial business combination.