Company: CSLMF
Filing Date: 2025-10-03
Form Type: DEF 14A
Source: 0001213900-25-096176
Chunk: 29

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-10-03
Form: DEF 14A
Chunk 29
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 winding up, (b) as promptly as reasonably possible but
not more than ten business days thereafter, redeem 100% of the ordinary shares of a par value of US$0.0001 each (the “Ordinary Shares”) issued in the Company’s initial public offering (the “Public Shares”), at a per-share price,
payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the
Trust Account and not previously released to the Company to pay incomes taxes, if any, (less up to US$100,000 of interest to pay dissolution
expenses), divided by the number of then Public Shares in issue, which redemption will completely extinguish public shareholders’
rights as shareholders (including the right to receive further liquidation distributions, if any), and (c) as promptly as reasonably
possible following such redemption, subject to the approval of the Company’s remaining shareholders and the Company’s board
of directors, liquidate and dissolve, subject in the case of paragraph (b) and (c), to the Company’s obligations under Cayman Islands
law to provide for claims of creditors and in all cases, subject to the other requirements of applicable law. The Extension Proposal
is essential to the overall implementation of the Board’s plan to allow the Company more time to complete the Proposed Business
Combination. Approval of the Extension Proposal is a condition to the filing of the Extension Amendment. A copy of the Extension Amendment
to the Existing Charter of the Company is attached to this proxy statement as Annex A.

The Company’s Existing
Charter provides that the sponsor, CSLM Acquisition Sponsor I, LLC, (the Sponsor”), has the right to cause the Company to
extend the period of time to consummate a business combination (the “Combination Period”) on a month-to-month basis
until October 18, 2025 the lesser of $0.02 per non-redeemed share, or $15,000 into the Trust Account every two weeks until the earlier
of (x)) the Current Termination Date, so long as the Sponsor continues to place $30,000 per month into the Company’s Trust Account,
and (y) the date that the board determines in its sole discretion to no longer seek the Proposed Business Combination. As of the date
of this proxy statement, the Company has until October 18, 2025 to complete its Proposed Business Combination.

If the Extension Proposal
is approved, the Combination Period will be extended