Company: CSLMF
Filing Date: 2025-02-05
Form Type: 8-K
Source: 0001193125-25-020854
Chunk: 1

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-02-05
Form: 8-K
Item: Item 2.03
Chunk 1
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Item 2.03      Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.  

As previously disclosed, on August 19, 2024, CSLM issued a 2nd amended and restated promissory note (the “2nd A& R Note”) to increase the amount the Company may borrow from $2,000,000 to $2,750,000.

On February 4, 2025, CSLM issued a 3rd amended and restated promissory note (the “3rd A& R Note”) to increase the amount the Company may borrow from $2,750,000 to $3,000,000. The 3rd A& R Note bears interest at a rate of 4.75% per annum, and is payable on the earlier to occur of (i) the date by which the Company has to complete a business combination or (ii) the effective date of a business combination. In the event of a Business Combination, the outstanding balance payable shall be repaid as follows: $1,491,000 of the Principal and its accrued and unpaid interest shall be converted into CSLM’s Class A ordinary shares at a share price of Four Dollars ($4.00), and the balance shall be payable in cash at the closing of the Business Combination.

The foregoing description of the 3rd A& R Note is qualified in its entirety by reference to the full text of the 3rd A& R Note, a copy of which is filed with this Current Report on Form8-Kas Exhibit 10.3 and is incorporated herein by reference.

Important Information About the Business Combination and Where to Find It

The Business Combination will be submitted to shareholders of CSLM for their consideration. CSLM intends to file the Registration Statement with the SEC which will include a preliminary proxy statement/prospectus (a “Proxy Statement/Prospectus”). A definitive Proxy Statement/Prospectus will be mailed to CSLM’ shareholders as of a record date to be established for voting on the Business Combination. CSLM may also file other relevant documents regarding the Business Combination with the SEC. CSLM’s shareholders and other interested persons are advised to read, once available, the preliminary Proxy Statement / Prospectus and any amendments thereto and, once available, the definitive Proxy Statement/Prospectus, in connection with CSLM’ solicitation of proxies for its extraordinary meeting of shareholders to be held to approve, among other things