Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 55

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 55
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 provided that you follow the procedures and deadlines described elsewhere in this proxy statement/prospectus. Public Shareholders may elect to redeem all or a portion of the Public Shares held by them     
 regardless of if or how they vote in respect of the Business Combination Proposal and regardless of whether they hold Public Shares on the Record Date. If you wish to exercise your Redemption Rights, please see the answer to the next question: 
 “How do I exercise my Redemption Rights?”                                                                                                                                                                                                           |

Notwithstanding the foregoing, a Public Shareholder, together with any affiliate of such Public Shareholder or any other person with whom such Public Shareholder is acting in concert or as a “group” (as defined in Section 13(d)(3) of the Exchange Act), will be restricted from redeeming its Public Shares with respect to more than an aggregate of 15% of the Public Shares without CSLM’s prior consent. Accordingly, if a Public Shareholder, alone or acting in concert or as a group, seeks to redeem more than 15% of the Public Shares, then any such shares in excess of that 15% limit would not be redeemed for cash without CSLM’s prior consent. As part of the Insider Letter entered into at the time of CSLM’s IPO, the Insiders agreed to waive their Redemption Rights with respect to all of the Founder Shares in connection with the completion of the Business Combination. The Insiders did not receive any separate consideration paid in connection with providing such waiver. Holders of CSLM Warrants and CSLM Rights do not have redemption rights with respect to their CSLM Warrants and CSLM Rights. Holders of Public Shares who also hold Public Warrants and Public Rights may elect to redeem their Public Shares, and still retain their Public Warrants and Public Rights. The aggregate value of the 8,250,000 Public Warrants based on the closing price of $0.10 per Public Warrant on June 27, 2025 was approximately $825,000. Public Shareholders who redeem their Public Shares may continue to hold any Public Warrants that they owned prior to redemption, which results in additional dilution to non-redeeming holders upon exercise of such Public Warrants, if despite such redemptions, the Business Combination was consummated. We cannot predict the ultimate value of the Public Warrants following consummation of the Business Combination. As indicated elsewhere in this proxy statement/prospectus, the outstanding CSLM Warrants and Public Rights represent potential additional dilution to CSLM Shareholders.