Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 458

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 458
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 20 trading days within a 30-trading day period ending three business days before we send to the                        
 notice of redemption to the warrant holders (which we refer to as the “Reference Value”).                                                                             |

Pubco will not redeem the Pubco Warrants as described above unless a registration statement under the Securities Act covering the issuance of the Pubco Common Stock issuable upon exercise of the Pubco Warrants is then effective and a current prospectus relating to those shares of Pubco Common Stock is available throughout the 30-dayredemption period. If and when the Pubco Warrants become redeemable, Pubco may exercise its redemption right even if Pubco is unable to register or qualify the underlying securities for sale under all applicable state securities laws. We have established the last of the redemption criterion discussed above to prevent a redemption call unless there is at the time of the call a significant premium to the warrant exercise price. If the foregoing conditions are satisfied and we issue a notice of redemption of the Pubco Warrants, each warrant holder will be entitled to exercise his, her or its Pubco Warrant prior to the scheduled redemption date. However, the price of the Pubco Common Stock may fall below the $18.00 redemption trigger price (as adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of an Pubco Warrant described under the heading “ — Anti-dilution Adjustments”) as well as the $11.50 warrant exercise price after the redemption notice is issued. 295

Redemption of Pubco Warrants when the price per share of Pubco Common Stock equals or exceeds $10.00 Once the Pubco Warrants become exercisable, Pubco may redeem the outstanding warrants:

| • |     | in whole and not in part; |

| • |     | at a price of $0.10 per warrant; |

| • |     | upon not less than 30 days’ prior written notice of redemption, provided that holders will be able                                                                                                                                          
 to exercise their Pubco Warrants on a cashless basis prior to redemption and receive that number of shares determined by reference to the table below, based on the redemption date and the “fair market value” (as defined below) of Pubco 
 Common Stock except as otherwise described below;                                                                                                                                                                                           |

| • |     | if, and only if, the Reference Value equals or exceeds $10.00 per Public Share (as adjusted for adjustments to                                    
 the number of shares issuable upon exercise) or the exercise price