Company: CSLMF
Filing Date: 2025-10-03
Form Type: DEF 14A
Source: 0001213900-25-096176
Chunk: 31

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-10-03
Form: DEF 14A
Chunk 31
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 to redeem all or a portion
of their Public Shares at a per-share price, payable in cash, equal to their pro rata portion of the aggregate amount then on deposit
in the Trust Account, including interest earned on the Trust Account and not previously released to the Company to pay our income taxes,
if any, (less up to $100,000 of interest to pay dissolution expenses), divided by the number of Public Shares then in issue, provided
that the Extension Proposal is approved. Holders of Public Shares do not need to be a holder of record on the Record Date in order to
exercise redemption rights.

The per-share price equal
to the aggregate amount then on deposit in the Trust Account, including interest earned on the Trust Account and not previously released
to the Company to pay our income taxes, if any, (less up to $100,000 of interest to pay dissolution expenses), divided by the number of
Public Shares then in issue was approximately $13.64 per Public Share. The closing price of the Company’s Public Shares on October
3, 2025 was $14.00. The Company cannot assure Shareholders that they will be able to sell their Public Shares in the open market, even
if the market price per share is higher than the redemption price stated above, as there may not be sufficient liquidity in its securities
when such Shareholders wish to sell their shares.

Reasons for the Extension Proposal

The purpose of the Extension
Proposal is to allow the Company more time to consummate the Proposed Business Combination. The Company’s IPO prospectus and the
Existing Charter provide that the Company has until the Current Termination Date to complete a business combination. While the Company
has signed a definitive business combination agreement, our board of directors currently believes that there will not be sufficient time
before the Current Termination Date to complete the Proposed Business Combination and hold a general meeting at which to conduct a vote
for shareholder approval of the Proposed Business Combination. Accordingly, our board of directors has determined it is in the best interests
of the Company and our shareholders to extend the termination date from the Current Termination Date to the Extended Date.

If the Extension Proposal Is Not Approved

If based on the tabulated
vote there are insufficient votes to approve the Extension Proposal and the Trust Amendment Proposal, the Company may put the Adjournment
Proposal to a vote as the first resolution in order to seek additional time to obtain sufficient votes in support of the Extension Proposal
and the Trust Amendment Proposal. If the Extension