Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 319

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 319
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 to a transaction completion bonus on the Closing Date upon the terms set forth in the 
 agreement.                                                                                                                                                                                                                                         |

| • |     | On February 4, 2025, CSLM entered into the Second Amendment to the Merger Agreement to (a) amend the                                                                                                                          
 definition of the “PIPE Investment Amount” to mean the sum of (i) $8,840,000, and (ii) the Contingent PIPE Investment Amount, if any; and (b) remove the fees incurred in connection with delivery of Fusemachines’ financial 
 statements.                                                                                                                                                                                                                   |

| • |     | In connection with the Business Combination, CSLM entered into a Subscription Agreement in August 2024 to sell                                                                                                                                     
 shares of Fusemachines Pubco Common Stock to the Sponsor at a price of $10.00 per share. Further, in August 2024, CSLM entered into an additional Subscription Agreement with the Sponsor. Pursuant to the terms of the agreement, the Sponsor has 
 committed to investing up to an additional $3,000,000, subject to reduction to zero as follows: (a) a dollar- for-dollar reduction for Parent Closing Excess Cash of up to $1,000,000, and (b) a 20%                                               
 reduction for every dollar of Parent Closing Excess Cash in excess of $1,000,000, if any, in exchange for the issuance of shares of Fusemachines Pubco Common Stock at a price of $10.00 per share. On February 4, 2025, in connection with the    
 Second Amendment to Merger, the Subscription Agreement Amendment revised the non-contingent amount of the PIPE Investment to $8,840,000. As a result of the Subscription Agreement Amendment, $8.8 million                                         
 in cash is expected to be received on the Closing Date for the issuance of 884,000 shares of Fusemachines Pubco Common Stock.                                                                                                                      |

| • |     | On February 4, 2025, the Second Amended and Restated Promissory Note between CSLM and the Sponsor was amended.                                                                                                                                      
 The 3rd A&R Note bears interest at a rate of 4.75% per annum, and is payable on the earlier to occur of (i) the date by which the Company has to complete a business combination or (ii) the effective date of a business combination. In the event 
 of a Business Combination, the outstanding balance payable may be repaid