Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 89

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 89
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ation Merger Proposal, if
approved, will authorize a change of CSLM’s jurisdiction of incorporation from the Cayman Islands to the State of Delaware. Accordingly, while CSLM is currently governed by the Companies Act, upon the Domestication, Pubco will be governed by
the DGCL. There are differences between Cayman Islands corporate law and Delaware corporate law as well as

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between the Current Charter and the Proposed Organizational Documents. Accordingly, CSLM encourages shareholders to carefully review the information in “Comparison of Corporate Governance and Shareholder Rights”.

In connection with the Domestication, (x) immediately prior to the Domestication, Consilium
Acquisition Sponsor I, LLC, a Cayman Islands limited liability company and the Sponsor of CSLM, will surrender to CSLM for no consideration the sole issued and outstanding CSLM Class B Ordinary Share and (y) at the effective time of the
Domestication, (i) each then issued and outstanding CSLM Class A Ordinary Share will convert automatically, on a one-for-one basis, into one share of Pubco Common Stock; (ii) each then issued and outstanding CSLM Warrant will become
exercisable for one share of Pubco Common Stock having the same terms and subject to the same conditions of such CSLM Warrant; and (iii) each then issued and outstanding CSLM Unit will separate and convert automatically into one share of Pubco
Common Stock, one-half of one Pubco Warrant and for every 10 Rights, the holders thereof shall receive one Ordinary Share of Pubco.

For
additional information, see “The Domestication Merger Proposal”.

Proposal No. 3 — The Stock Issuance Proposal

If each of the Business Combination Proposal, and the Domestication Merger Proposal are approved, CSLM’s shareholders are
also being asked to approve by ordinary resolution the Stock Issuance Proposal for purposes of complying with the applicable provisions of Nasdaq Listing Rules. Although our securities are not currently listed on Nasdaq, we are voluntarily complying
with this standard as we intend to obtain the listing of our securities on Nasdaq.

Under Nasdaq Listing Rule 5635(a), shareholder
approval is required prior to the issuance of securities in connection with the acquisition of another company if, due to the present or potential issuance of common stock, including shares issued pursuant to an earn-out provision or similar type of
provision, or securities convertible into or exercisable for common stock, such securities are not issued in a public offering for cash