Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 222

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 222
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 substantial experience in evaluating the operating and financial merits of companies from a wide range of industries and concluded that their experience and background, enabled such officers and directors of CSLM to make the necessary analyses and determinations regarding the Business Combination. In the prospectus for the IPO, CSLM’s objective is to identify and consummate a business combination with a business in the consumer, media and/or technology sectors that leverages D2C engagement as its primary go-to-market channel. The objective was to seek out a business combination target with a proven track record of competing effectively in the current environment of active consumer brands. CSLM believed would be important in evaluating prospective target businesses, namely a business that has leadership positions within its industry, unrealized potential for shareholder value creation, has the potential to grow, has a committed and capable management team, could benefit from being a publicly traded company, and could benefit from the capabilities of the Sponsor and CSLM’s management team. Based on its review of the industry data and the operational, financial and other relevant information related to its business which Target provided and presented to the CSLM Board, the factors considered by the CSLM Board included, but were not limited to, the following: Fusemachines has a business plan dedicated both to near term cash flow as well as long term growth. Additionally, Fusemachines has emphasized the following as part of their strategy:

| • |     | Streamlining licensed product offerings to focus on building active predictions and lowering error rates |

| • |     | Adding sales personnel and services to further build leads |

| • |     | streamline licensed product offerings to focus on building active predictions and lowering error rates; |

| • |     | add sales personnel and services to further build leads; |

| • |     | build enduring partnerships with large early adopters; |

| • |     | continue to expand its platform’s capabilities; |

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| • |     | further penetrate its existing customer base; |

| • |     | leverage its existing use cases to further penetrate industry verticals; |

| • |     | expand into new verticals and new geographies; and |

| • |     | pursue opportunistic acquisition opportunities. |

The material assumptions used in review of the financial projections of Fusemachines include the following criteria which may pose risk or adversely affect the business:

| • |     | The market for Fusemachines’ enterprise artificial intelligence services and products is relatively new. |

| • |     | Fusemachines’ aim for continued growth places significant demands on its corporate