Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 251

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 251
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 be treated as the “acquired” company for financial reporting purposes. Accordingly, the Business Combination will be treated as the equivalent of Fusemachines issuing stock for the net assets of CSLM, accompanied by a
recapitalization. The net assets of CSLM will be stated at historical cost, with no goodwill or other intangible assets recorded.

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Regulatory Matters

Neither CSLM nor Fusemachines are aware of any material regulatory approvals or actions that are required for completion of the Business
Combination, other than the regulatory notices and approvals discussed in “The Business Combination Proposal — Merger Agreement — Closing Conditions — Conditions to the Obligations of Each Party”. It is presently contemplated that if any such additional regulatory approvals or actions are required, those approvals or actions will be sought. There can be no assurance, however, that any additional approvals or actions will be
obtained.

Vote Required for Approval

The approval of the Business Combination Proposal requires an ordinary resolution under Cayman Islands law, being the affirmative vote of a
simple majority of the votes cast by the holders of CSLM Ordinary Shares issued and outstanding, represented in person or by proxy and entitled to vote thereon and who vote at the extraordinary general meeting. Abstentions and broker non-votes,
while considered present for the purposes of establishing a quorum, will not count as votes cast at the extraordinary general meeting and otherwise will have no effect on a particular proposal under Cayman Islands law.

The Business Combination Proposal is conditioned on the approval of each of the other Condition Precedent Proposals. Therefore, if each of the
Condition Precedent Proposals is not approved, the Business Combination Proposal will have no effect, even if approved by holders of CSLM Ordinary Shares. The Sponsor, which includes among its members each of the directors and officers of CSLM, owns
4,743,750 Ordinary Shares including the sole outstanding CSLM Class B Ordinary Share. As a result, as of the date of this proxy statement/prospectus, the Insiders own approximately 78% of the issued and outstanding CSLM Ordinary Shares.
Accordingly, no additional votes of holders of 1Public Shares will be required to approve the Business Combination Proposal even if all other outstanding shares are voted against such proposal.

Resolution to be Voted Upon

The full
text of the resolution to be passed is as follows:

“RESOLVED, as an ordinary resolution, that CSLM’s entry into the
Merger Agreement, dated as of January 22,