Company: CSLMF
Filing Date: 2025-09-19
Form Type: PRE 14A
Source: 0001213900-25-089554
Chunk: 41

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-09-19
Form: PRE 14A
Chunk 41
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 the Company to pay 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, which redemption will completely extinguish
public Shareholders’ rights as Shareholders (including the right to receive further liquidation distributions, if any); and (iii)
as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining Shareholders and
the Directors, liquidate and dissolve, subject in the case of sub-articles (ii) and (iii), to its obligations under Cayman Islands law
to provide for claims of creditors and in all cases subject to the other requirements of applicable law. it may trigger our winding up,
liquidation and dissolution, unless we exercise our automatic extension feature pursuant to the terms of our Existing Charter. As a result,
we will would undergo the voluntary liquidation procedure under the Companies Act (As Revised) of the Cayman Islands (the “Companies Act”). A special resolution would be required from our shareholders to commence such a voluntary winding up, liquidation and
dissolution under the terms of our Existing Charter. At such time, the Private Warrants will expire and the Sponsor will receive nothing
upon a liquidation with respect to such Private Warrants, and the Private Warrants will be worthless.

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The amount in the Trust Account
(less approximately $1,897.50 representing the aggregate nominal par value of the shares issued in the IPO) under the Companies Act will
be treated as a share premium which is distributable under the Companies Act, provided that immediately following the date on which the
proposed distribution is proposed to be made, we are able to pay our debts as they fall due in the ordinary course of business. If we
are forced to liquidate the Trust Account, we anticipate that we would distribute to holders of the Public Shares issued in the IPO (the
“Public Shareholders”) the amount in the Trust Account calculated as of the date that is two days prior to the distribution
date (including any accrued interest). Prior to such distribution, we would be required to assess all claims that may be potentially
brought against us by our creditors for amounts they are actually owed and make provision for such amounts, as creditors take priority
over our Public Shareholders with respect to amounts that are owed to them. We cannot assure you that we will properly assess all claims
that may be potentially brought against us. As