Company: CSLMF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076682
Chunk: 75

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 75
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placed in a U.S.-based trust account at JP Morgan Chase Bank, N.A., maintained by Continental Stock Transfer & Trust Company, acting
as trustee (the “Trust Account”). Except with respect to interest earned on the funds held in the Trust Account that may be
released to the Company to pay its taxes, if any, the funds held in the Trust Account will not be released from the Trust Account until
the earliest to occur of: (1) the Company’s completion of an initial business combination; (2) the redemption of any public shares
properly submitted in connection with a shareholder vote to amend the Company’s amended and restated memorandum and articles of
association (A) to modify the substance or timing of the Company’s obligation to allow redemption in connection with its initial
business combination or to redeem 100% of the Company’s public shares if the Company does not complete its initial business combination
by October 18, 2024 after depositing $70,000 into the Trust Account for each one month Extension or (B) with respect to any other provision
relating to shareholders’ rights or pre-initial business combination activity; and (3) the redemption of the Company’s public
shares if the Company has not completed its initial business combination by October 18, 2024, subject to applicable law.

5

On July 13, 2023 as approved by its shareholders at an extraordinary
general meeting held on July 13, 2023 (the “Special Meeting”), The Company, and its trustee, Continental Stock Transfer &
Trust Company amended (the “Amendment”) the Investment Management Trust Agreement, dated as of January 12, 2022 (the “Trust
Agreement”), by and between the Company and Continental Stock Transfer & Trust Company (the “Trustee”) and the Company,
in order to allow the Company to extend the time to complete a business combination by fifteen (15) additional one (1) month periods until,
October 18, 2024 (the “Termination Date”) by depositing into the Trust Account $70,000 for each one-month extension. At the
Special Meeting, the shareholders of the Company approved a special resolution to the Articles of Association to extend the time to consummate
a business combination until October 18, 2024 and the Amendment in accordance with the Company’s Amended and Restated Memorandum
of Association and Articles of Association (the “Articles of Association”).

In connection with the shareholders’ vote at the Special