Company: CSLMF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076682
Chunk: 39

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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M assesses performance for the single segment and decides how
to allocate resources based on net income or loss that also is reported on the statements of operations as net income or loss. The CODM
uses net income or loss to manage the business and forecasts to ensure enough capital is available to complete a business combination
or similar transaction within the business combination period. The CODM also reviews significant expenses, which are consistent with those
reported on the statements of operations, to manage, maintain, and enforce contractual agreements to ensure costs are aligned with agreements
and the budget. The measure of segment assets is reported on the balance sheets as total assets. All segment items included in net income
or loss are reported on the statements of operations and described within their respective disclosures.

NOTE 10 — SUBSEQUENT EVENTS

On July 14, 2025, the shareholders at the Extraordinary Meeting
approved an amendment to the Trust Agreement that allows the Company to extend the time to complete a business combination on a semi-month
basis, until October 18, 2025 by placing into the Company’s trust account he lesser of $0.02 per non-redeemed Class A ordinary share,
or $15,000.

In connection with the Extraordinary Meeting, 371,545 Class A
ordinary shares were tendered for redemption. Shareholders validly redeemed their Class A ordinary shares for $4,492,794, or
approximately $12.10 per Class A ordinary share.

On July 17, 2025, the Company deposited $15,000 into the Company’s
trust account in order to further extend the amount of time it has available to complete a business combination to August 3, 2025.

On July 28, 2025, the Company held the Approval Meeting to approve the Business Combination. At the Meeting, 5,186,264 or 84.79% of such
Shares were represented in person or by proxy, and the Business Combination was approved. In connection with the Approval Meeting, 99,187
Class A ordinary shares were tendered for redemption. Shareholders validly redeemed their Class A ordinary shares for $1,205,122, or approximately
$12.15 per Class A ordinary share. As a result, 901,955 Class A ordinary shares subject to redemption remained outstanding.

On July 31, in connection with the Merger Agreement, the Company,
CSLM Holdings, Inc., and Fusemachines entered into a forward purchase agreement (the “Forward Purchase