Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 478

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 478
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 Persons who have beneficially owned restricted shares of Pubco Common Stock or Pubco Warrants for at least six months but who are affiliates of Pubco at the time of, or at any time during the three months preceding, a sale, would be subject to additional restrictions, by which such person would be entitled to sell within any three-month period only a number of securities that does not exceed the greater of:

| • |     | 1% of the total number of shares of Pubco Common Stock then outstanding; or |

| • |     | the average weekly reported trading volume of Pubco Common Stock during the four calendar weeks preceding 
 the filing of a notice on Form 144 with respect to the sale.                                              |

Sales by affiliates of Pubco under Rule 144 are also limited by manner of sale provisions and notice requirements and to the availability of current public information about Pubco. Restrictions on the Use of Rule 144 by Shell Companies or Former Shell Companies Rule 144 is not available for the resale of securities initially issued by shell companies (other than business combination related shell companies) or issuers that have been at any time previously a shell company. However, Rule 144 also includes an important exception to this prohibition if the following conditions are met:

| • |     | the issuer of the securities that was formerly a shell company has ceased to be a shell company; |

| • |     | the issuer of the securities is subject to the reporting requirements of Section 13 or 15(d) of the 
 Exchange Act;                                                                                       |

| • |     | the issuer of the securities has filed all Exchange Act reports and material required to be filed, as                                                                 
 applicable, during the preceding 12 months (or such shorter period that the issuer was required to file such reports and materials), other than Form 8-K reports; and |

| • |     | at least one year has elapsed from the time that the issuer filed current Form 10 type information with 
 the SEC reflecting its status as an entity that is not a shell company.                                 |

As a result, the Sponsor will be able to sell their Founder Shares and Private Placement Warrants, as applicable, pursuant to Rule 144 without registration once Rule 144 becomes available for resale of Pubco, subject to the provisions of the Sponsor Support Agreement. CSLM anticipates that following the consummation of the Business Combination, Pubco will no longer be a shell company, and so, once the conditions set forth in the exceptions listed above are satisfied, Rule 144