Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 631

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 631
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 liabilities and cumulative mandatorily redeemable common and preferred stock liability approximate their fair values based on the instruments’ relative short-term
nature.

As of March 31, 2025 and December 31, 2024, the estimated fair values of our convertible notes payable, current and
related party loan payable, current approximated their carrying values due to their relatively short maturities.

F-114

Financial Instruments Recorded at Fair Value The following tables present the Company’s fair value hierarchy for its financial liabilities that are measured at fair value on a recurring basis and indicate the level within the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value (in thousands):

|                                                        |         | Fair Value Measurements at March 31, 2025    |   |     |         |   |   |     |         |   |        |     |       |   |        |
|:-------------------------------------------------------|:--------|:---------------------------------------------|:--|:----|:--------|:--|:--|:----|:--------|:--|-------:|:----|:------|:--|-------:|
|                                                        | Level 1 |                                              |   |     | Level 2 |   |   |     | Level 3 |   |        |     | Total |   |        |
| Liabilities:                                           |         |                                              |   |     |         |   |   |     |         |   |        |     |       |   |        |
| Related party convertible notes payable, at fair value |         | $                                            | — |     |         | $ | — |     |         | $ |  5,976 |     |       | $ |  5,976 |
| Convertible Notes payable at Fair Value                |         |                                              | — |     |         |   | — |     |         |   |  7,992 |     |       |   |  7,992 |
| Warrant liability                                      |         |                                              | — |     |         |   | — |     |         |   |    971 |     |       |   |    971 |
|                                                        |         | $                                            | — |     |         | $ | — |     |         | $ | 14,939 |     |       | $ | 14,939 |
|                                                        |         | Fair Value Measurements at December 31, 2024 |   |     |         |   |