Company: CSLMF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076682
Chunk: 107

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 107
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 early stage and emerging growth company and, as such, the Company
is subject to all of the risks associated with early stage and emerging growth companies.

As of June 30, 2025, the Company had not commenced any
operations. All activity from April 13, 2021 (inception) through June 30, 2025 relates to the Company’s formation, the initial
public offering (“Initial Public Offering”), which is described below, and pursuit of a business combination. The
Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest. The Company
will generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering. The
Company has selected December 31 as its fiscal year end.

On July 13, 2023, the Company submitted a certificate of incorporation
of name change to the Cayman Islands Registry of Companies to change our name from “Consilium Acquisition Corp I, LTD.” to
“CSLM Acquisition Corp.”. The name change of the Company to CSLM Acquisition Corp. was effected on Nasdaq at the open of trading
on July 18, 2023 and continued trading under the same ticker symbol “CSLM”. The name change does not affect the rights of
the Company’s securities holders.

On January 18, 2022, the Company consummated its Initial Public Offering
of 18,975,000 units (the “Units”), including the issuance of 2,475,000 Units as a result of the underwriter’s exercise
of its over-allotment option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (an “Ordinary
Share”), one right to acquire one-tenth of an Ordinary Share, and one-half of one redeemable warrant of the Company. Each whole
warrant entitles the holder thereof to purchase one Ordinary Share for $11.50 per share, subject to adjustment. The Units were sold at
a price of

$10.00 per Unit, generating gross proceeds to the Company of $189,750,000.

Substantially concurrently with the closing of the Initial Public Offering,
the Company completed the private sale of 7,942,500 private placement warrants (the “Private Placement Warrants”) at a purchase
price of $1.00 per Private Placement Warrant, to the Company’s sponsor, Consilium Acquisition Sponsor I, LLC