Company: CSLMF
Filing Date: 2025-09-19
Form Type: PRE 14A
Source: 0001213900-25-089554
Chunk: 46

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-09-19
Form: PRE 14A
Chunk 46
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. These interests include, among other things:

| ● | If the Proposed                                                                                  
 Business Combination is not completed by October 18, 2025 (unless such date is extended as       
 provided in the Existing Charter), CSLM will be required to liquidate and dissolve. In such      
 event, 4,743,750 Ordinary Shares held by the Initial Shareholders which were acquired prior      
 to the IPO for an aggregate purchase price of $25,000, will be worthless because the Initial     
 Shareholders and the Sponsor have agreed to waive their rights to any liquidation distributions. 
 Such shares had an aggregate market value of approximately $_______________ based on the         
 closing price of the Public Shares of $10.___ on Nasdaq as of ______________, 2024.              |

| ● | If the Proposed                                                                                     
 Business Combination is not completed by October 18, 2025 (unless such date is extended as          
 provided in the Existing Charter), 7,942,500 Private Warrants purchased by the Initial Shareholders 
 for a total purchase price of $7,942,500, will be worthless. Such Private Warrants had an           
 aggregate market value of approximately $_______ based on the closing price of the Public           
 Warrants of $0.0___ on OTC as of _______________, 2025.                                             |

| ● | CSLM’s officers                                                                                 
 and directors (or their affiliates) may make loans from time to time to CSLM to fund certain    
 capital requirements. As of the date of this proxy statement, no such loans have been made,     
 but loans may be made after the date of this proxy statement. If the Business Combination       
 is not consummated, the loans will not be repaid and will be forgiven except to the extent      
 there are funds available to CSLM outside of the Trust Account. The Sponsor or an affiliate     
 of the Sponsor have issued to the Company working capital loans up to the amount of $4,000,000. 
 In the event that the Proposed Business Combination does not close, the Company may use a       
 portion of proceeds held outside the Trust Account to repay the loans but no proceeds held      
 in the Trust Account would be used to repay the Working Capital Loans. All unpaid amounts       
 would be forfeited.                                                                             |

Additionally, if the Extension
Proposal and Trust Amendment Proposal are approved and the Company consummates the Proposed Business Combination, the officers and directors
may have additional interests that would be described in the proxy statement for such transaction.

Board Recommendation