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

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 25
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) approval of the Business Combination and related agreements and transactions by the respective shareholders of CSLM and
Fusemachines; (b) the effectiveness of the registration statement on Form S-4 filed by CSLM of which the accompanying proxy statement/prospectus forms a part; (c) the Pubco Common Stock being approved for listing on Nasdaq or another
national securities exchange; and (d) the PIPE Investment Amount shall be not less than the sum of (i) $8,240,000 and (ii) the outstanding balance under the 2nd Amended and Restated Promissory Note of up to $2 million. Conditions
(a) through (d) above are subject to waiver (where permissible) by all parties to the Merger Agreement. The “maximum redemptions scenario” presented throughout the accompanying proxy statement/prospectus reflects the redemption
of 100% of the Public Shares that are not subject to non-redemption agreements.

The approval of each of the Business Combination
Proposal, the Stock Issuance Proposal, the Advisory Organizational Documents Proposals, the Equity Incentive Plan Proposal, and the Adjournment Proposal requires an ordinary resolution under Cayman Islands law, being the affirmative vote of a simple
majority of the votes cast by holders of CSLM Ordinary Shares, represented in person or by proxy and entitled to vote thereon and at the extraordinary general meeting. The approval of the Organizational Documents Proposal and the Domestication
Merger requires a special resolution under Cayman Islands law, being the affirmative vote of a majority of not less than least two-thirds of the votes cast by the CSLM Ordinary Shares, represented in person or by proxy and entitled to vote thereon
and at the extraordinary general meeting.

The Sponsor and each director and officer of CSLM (collectively, the
“Insiders”) have agreed to, among other things, vote in favor of the Proposed Transaction, and to waive their redemption rights in connection with the consummation of the Proposed Transaction with respect to any CSLM Ordinary Shares
held by them. Such redemption rights waiver was provided in connection with CSLM’s IPO and without any separate consideration paid in connection with providing such waiver. The Sponsor, which includes among its members each of the directors and
officers of CSLM, owns 4,743,750 CSLM Ordinary Shares, including one CSLM Class B Share,

7,942,500 Private Placement Warrants (of which it shall irrevocably forfeit and surrender to CSL