Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 171

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 171
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 is payable on the earlier to occur of (i) the date by which the Company has to complete a            
 business combination or (ii) the effective date of a business combination. In the event of a Business Combination, the outstanding balance payable may be repaid at the payee’s discretion, (i) in cash, or (ii) $1,491,000 of the Principal and its     
 accrued and unpaid interest shall be converted into CSLM’s Class A ordinary shares at a share price of Four Dollars ($4.00), the balance of which shall be payable in cash at the closing of the Business Combination. Additionally, CSLM’s              
 officers and directors and their affiliates are entitled to reimbursement of out-of-pocket expenses incurred by them related to identifying, investigating, negotiating and completing an initial business combination. As of the date of this proxy     
 statement/prospectus the current value of the reimbursement of the out-of-pocket expenses owed to CSLM’s officers and directors and their affiliates is $266.51. However, if CSLM fails to consummate a business combination by July 18, 2025,           
 by depositing $30,000 in the Trust account on a monthly basis for each one-month extension (or if such date is extended at a duly called extraordinary general meeting, such later date), such persons will not have any claim against the Trust Account 
 for reimbursement. Accordingly, CSLM may not be able to reimburse these advances and expenses if the Business Combination or another business combination is not completed by such date. CSLM has filed a proxy in connection with holding an            
 extraordinary meeting to extend the time to complete the Business Combination, should it be necessary to October 18, 2025, on a monthly basis.                                                                                                           |

93

| • |     | The Escrow Note shall convert into shares of common stock of Fusemachines at a price of $0.44 per share (a)                                         
 automatically at the time of the Business Combination, or (b) at any time after July 12, 2025 at the option of the holder, if not, payable in cash. |

| • |     | Pursuant to the A&R Registration Rights Agreement, the Insiders will have customary registration rights,                                                                                                                                           
 including demand and piggy-back rights, subject to cooperation and cut-back provisions with respect to the Pubco Common Stock and Pubco Warrants held by such parties following the consummation of the Proposed Transaction. We estimate that the 
 Insiders will hold an aggregate of