Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 327

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 327
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 the consummation of the Business Combination, the Financing Transactions, and the Other Material Events are based on certain currently available information and certain assumptions and methodologies that both CSLM and Fusemachines believe are reasonable under the circumstances. The pro forma adjustments, which are described in the accompanying notes, may be revised as additional information becomes available and is evaluated. Therefore, it is likely that the actual adjustments will differ from the pro forma adjustments, and it is possible the differences may be material. Both CSLM and Fusemachines believe that the assumptions and methodologies provide a reasonable basis for presenting all the significant effects of the Business Combination, the Financing Transactions, and the Other Material Events based on information available to management at this time and that the pro forma adjustments give appropriate effect to those assumptions and are properly applied in the unaudited pro forma condensed combined financial information. The unaudited pro forma condensed combined financial information presents two redemption scenarios, the No Additional Redemption Scenario and the Maximum Redemption Scenario. The No Additional Redemption Scenario assumes that no additional CSLM Public Stockholders exercise their right to have their CSLM Class A ordinary shares subject to possible redemption (the “CSLM Public Shares”) converted into their pro rata share of the Trust Account. The Maximum Redemption Scenario assumes that the remaining 1,372,687 CSLM Public Shares are redeemed, resulting in an aggregate cash payment of approximately $16.6 million out of the Trust Account based on an assumed redemption price of $12.07 per share. 199

The foregoing scenarios are for illustrative purposes as CSLM does not have, as of the date of this proxy statement/prospectus, a meaningful way of providing any certainty regarding the number of redemptions by CSLM Public Stockholders that may occur. Included in the shares outstanding and weighted-average shares outstanding (for the calculation of pro forma basic and diluted loss per share) as presented in the unaudited pro forma condensed combined financial information are the shares of Fusemachines Pubco Common Stock to be issued to legacy Fusemachines stockholders under the No Additional Redemption Scenario and the Maximum Redemption Scenario on the estimated Closing Date of the Business Combination and the CSLM shares that will remain outstanding and that will represent shares of Fusemachines Pubco Common Stock (as adjusted, where applicable, for the Maximum Redemption Scenario), which includes the CSLM Public Shares, shares of the Sponsor and related parties of Sponsor, the shares to be issued in connection with the PIPE Investment, and the shares to be issued to CSLM stockholders upon the automatic exercise