Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 152

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 152
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 limit your ability to influence corporate matters and could delay or prevent a change in corporate control.

Following the Business Combination (assuming all Public Shareholders exercise their Redemption Rights), Sameer Maskey, Fusemachines’
Founder and Chief Executive Officer, will beneficially own (including shares underlying Converted Warrants, Converted Stock Options and Converted SARs) approximately 27% of the combined voting power for the election of directors to the Pubco Board.
As a result, this stockholder will be able to influence our management and affairs and control the outcome of matters submitted to our stockholders for approval, including the election of directors and any sale, merger, consolidation, or sale of all
or substantially all of our assets.

This stockholder may have interests, with respect to his Pubco Common Stock, which are different from
those of the public investors and the concentration of voting power among this stockholder may have an adverse effect on the price of the Pubco Common Stock.

In addition, this concentration of ownership might adversely affect the market price of the Pubco Common Stock by: (1) delaying,
deferring or preventing a change of control; (2) impeding a merger, consolidation, takeover or other business combination involving us; or (3) discouraging a potential acquirer from making a tender offer or otherwise attempting to obtain
control of us.

The requirements of being a public company may strain Pubco’s resources and distract management and we will incur substantial costs as a result of being a public company.

Following the consummation of the Business Combination,
Fusemachines will be subject to the reporting requirements of the Exchange Act, the Sarbanes-Oxley Act, and the Securities Act. These rules, regulations and requirements are extensive. We will incur significant costs associated with our public
company corporate governance and reporting requirements. The Exchange Act requires, among other things, that we file annual, quarterly and current reports with respect to our business and operating results. The Sarbanes-Oxley Act requires, among
other things, that we maintain effective disclosure controls and procedures and internal control over financial reporting. In order to maintain and, if required, improve our disclosure controls and procedures and internal control over financial
reporting to meet this standard, significant resources and management oversight may be required. As a result, management’s attention may be diverted from other business concerns, which could adversely affect our business and operating results.
We may need to hire more corporate employees to comply with these requirements or engage outside consultants, which would increase our costs and