Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 344

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 344
---
 No                  
 Additional                   
 Redemptions                  
 Into Cash                    |            |     | Assuming    
 Maximum     
 Redemptions 
 Into Cash   |            |
| Fusemachines Pubco Private Placement Warrants(1)    |     |                              |  4,094,029 |     |             |  4,092,701 |
| CSLM Public Warrants(2)                             |     |                              |  9,487,500 |     |             |  9,487,500 |
| Fusemachines Pubco Common Stock stock               
 options(3)                                          |     |                              |  1,689,115 |     |             |  1,664,923 |
| Total anti-dilutive Fusemachines Pubco Common Stock |     |                              | 15,270,644 |     |             | 15,245,124 |

| (1) | Represents 3,971,250 warrants held by CSLM Sponsor in the No Additional Redemption and Maximum Redemption                                                                      
 Scenarios, along with 122,779 and 121,451 warrants held by former debt holders of Fusemachines in the No Additional Redemption and Maximum Redemption Scenarios, respectively. |

| (2) | Represents warrants held by CSLM Public Stockholders. |

213

| (3) | Represents options to purchase Fusemachines Pubco Common Stock underlying the conversion rights under the 
 Fusemachines Equity Incentive Plan.                                                                       |

| 5. | Conforming Accounting Policies and Reclassification Adjustments |

During the preparation of this unaudited pro forma condensed combined financial information, Fusemachines performed a preliminary analysis of CSLM’s financial information to identify differences in financial statement presentation as compared to the presentation of Fusemachines. Certain reclassification adjustments have been made to conform CSLM’s historical financial statement presentation to Fusemachines’ historical financial statement presentation. Following the completion of the Business Combination, or as more information becomes available, Fusemachines will finalize the review of financial statement presentation, which could differ from the presentation set forth in the unaudited pro forma condensed combined financial information presented herein. The following items represent certain reclassification adjustments to conform CSLM’s historical balance sheet presentation as of March 31, 2025 to Fusemachines’ historical balance sheet presentation as of March 31, 2025 and to conform CSLM’s historical statement of operations presentation for the three months ended March 31, 2025 and for the year ended December 31, 202