Company: CSLMF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076682
Chunk: 17

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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 an initial
Business Combination within 12 months from the closing of the Initial Public Offering, the return of the funds held in the Trust
Account to the public shareholders as part of redemption of the public shares.

8

Net Income (Loss) Per Ordinary Share

The statements of operations include a presentation of income (loss)
per Class A redeemable ordinary shares and income (loss) per non-redeemable Class A and Class B ordinary shares following the two-class
method of income per common stock. In order to determine the net income (loss) attributable to both the Class A redeemable ordinary shares
and non-redeemable Class A and Class B ordinary shares, the Company first considered the total income (loss) allocable to both sets of
stock. This is calculated using the total net income (loss) less any dividends paid. For purposes of calculating net income (loss) per
share, any remeasurement of the Class A ordinary shares subject to possible redemption was treated as dividends paid to the public shareholders.
Subsequent to calculating the total income (loss) allocable to both sets of shares, the Company split the amount to be allocated using
the total number of shares outstanding for each share class at each respective period, before and after redemptions and conversions, for
the three and six months ended June 30, 2025 and 2024, reflective of the respective participation rights.

The following tables reflect the calculation of basic and diluted net
income (loss) per ordinary shares for the three and six months ended June 30, 2025 (in dollars, except per share amounts):

    For the
 Three Months
Ended 
June 30,
2025 
  
    Net loss 
    $(203,872)
  
    Remeasurement of temporary equity to redemption value 
     (260,544)
  
    Net loss including remeasurement of temporary equity to redemption value 
    $(464,416)

    For the Three Months Ended
June 30, 2025 

    Class A Redeemable  
    Class A Non-redeemable  
    Class B Non-redeemable 
  
    Total number of shares 
     1,372,687  
     4,743,749  
     1 
  
    Basic and diluted net income (loss) per share 

    Numerator: 

    Allocation of net loss including remeasurement of temporary equity to redemption value based on ownership percentage 
    $(