Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 659

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 659
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     (3,297 | ) |
| Denominator:                                                                         |     |                              |            |   |     |      |            |   |
| Weighted-average common shares outstanding - basic and diluted                       |     |                              | 11,049,681 |   |     |      | 10,153,495 |   |
| Net loss per share attributable to Fusemachines Inc. common stockholders - basic and 
 diluted                                                                              |     | $                            |      (0.02 | ) |     | $    |      (0.32 | ) |

F-134

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share for the periods presented because including them would have been antidilutive:

|                                                            |     |     |  March 31, 
   2025 (I) |     |     | December 31, 
         2024 |    |
|:-----------------------------------------------------------|:----|:----|-----------:|:----|:----|-------------:|---:|
| Convertible Preferred Stock (as converted to common stock) |     |     |  9,043,234 |     |     |    9,043,234 |    |
| Common Stock Warrants                                      |     |     |    140,133 |     |     |      140,133 |    |
| Stock options                                              |     |     |  2,559,044 |     |     |    2,583,577 | -1 |
|                                                            |     |     | 11,742,411 |     |     |   11,766,944 |    |

| (1) | Includes 10,292 stock options as of December 31, 2024 that were early exercised in exchange for non-recourse promissory notes. (Refer to “Note 13 – Stock-based Compensation”). |

The Convertible Notes were also outstanding as of March 31, 2025 and December 31, 2024, which could obligate the Company to issue preferred shares upon the occurrence of various future events at prices and in amounts that are not determinable until the occurrence of those future events. Because the necessary conditions for the conversion of the Convertible Notes have not been satisfied as of March 31, 2025 and December 31, 2024, the Company has excluded the Convertible Notes from the table above and the calculation of diluted net loss per share. (