Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 53

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 53
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 whose Public Shares have a fair market value of less than $50,000 on the date of the                                                                                                                                                   
 Domestication and who on the date of the Domestication owns (actually and constructively) less than 10% of the total combined voting power of all classes of CSLM stock entitled to vote and less than 10% of the total value of all classes of CSLM 
 stock will generally not recognize any gain or loss and will generally not be required to include any part of CSLM’s earnings in income pursuant to the Domestication;                                                                               |

| • |     | a U.S. Holder whose Public Shares have a fair market value of $50,000 or more on the date of the                                                                                                                                                       
 Domestication, but who on the date of the Domestication owns (actually and constructively) less than 10% of the total combined voting power of all classes of CSLM shares entitled to vote and less than 10% of the total value of all classes of CSLM 
 shares will generally recognize gain (but not loss) on the exchange of Public Shares for Pubco Common Stock pursuant to the Domestication. As an alternative to recognizing gain, such U.S. Holders may file an election to include in income as a     
 dividend the “all earnings and profits amounts,” (as defined in Treasury Regulation Section 1.367(b)-2(d)) attributable to their Public Shares, provided certain other requirements are satisfied. CSLM does not expect to have                        
 significant cumulative earnings and profits on the date of the Domestication; and                                                                                                                                                                      |

| • |     | a U.S. Holder who on the date of the Domestication owns (actually and constructively) 10% or more of the total                                                                                                                                 
 combined voting power of all classes of CSLM shares entitled to vote or 10% or more of the total value of all classes of CSLM shares will generally be required to include in income as a dividend the “all earnings and profits amount,” (as  
 defined in Treasury Regulation Section 1.367(b)-2(d)) attributable to its Public Shares, provided certain other requirements are satisfied. Any U.S. Holder that is a corporation may, under certain circumstances, effectively be exempt from 
 taxation on a portion or all of the deemed dividend pursuant to Section 245A of the Code. CSLM does not expect to have significant cumulative earnings and profits on the date of the Domestication.                                           |

Furthermore, even if the Domestication qualifies as a “reorganization” within the meaning of Section 368