Company: CSLMF
Filing Date: 2025-05-22
Form Type: PRE 14A
Source: 0001193125-25-125124
Chunk: 26

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-05-22
Form: PRE 14A
Chunk 26
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 amount then on deposit in the Trust Account, including interest earned on the funds held in the
Trust Account and not previously released to the Company to pay incomes taxes, if any, (less up to US$100,000 of interest to pay dissolution expenses), divided by the number of then Public Shares in issue, which redemption will completely extinguish
public shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any), and (c) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s
remaining shareholders and the Company’s board of directors, liquidate and dissolve, subject in the case of paragraph (b) and (c), to the Company’s obligations under Cayman Islands law to provide for claims of creditors and in all
cases, subject to the other requirements of applicable law. The Extension Proposal is essential to the overall implementation of the Board’s plan to allow the Company more time to complete the Proposed Business Combination. Approval of the
Extension Proposal is a condition to the filing of the Extension Amendment. A copy of the Extension Amendment to the Existing Charter of the Company is attached to this proxy statement as Annex A.

The Company’s Existing Charter provides that the sponsor, CSLM Acquisition Sponsor I, LLC, (the Sponsor”), has the right to cause the Company
to extend the period of time to consummate a business combination (the “Combination Period”) on a month-to-month basis until July 18, 2025 by
depositing into the Company’s Trust Account $30,000 for each one month extension on the 18th day of each subsequent month, (each such one-month extension, an “Extension Period”), until
the earlier of (x) the date of the extraordinary general meeting held in connection with a shareholder vote to approve the Proposed Business Combination; (y) the Current Termination Date, so long as the Sponsor continues to place $30,000
per month into the Company’s Trust Account, and (z) the date that the board determines in its sole discretion to no longer seek the Proposed Business Combination. As of the date of this proxy statement, the Company has until July18, 2025
to complete its Proposed Business Combination.

If the Extension Proposal is approved, the Combination Period will be extended on a month-to-month basis from the Current Termination Date until the Extended Date, so long as the Sponsor deposits $ into the Trust Account for each
Extension Period, until October 18, 2025. The Company intends