Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 60

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 60
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 Q. | If I am a holder of CSLM Units, can I exercise Redemption Rights with respect to my CSLM 
 Units?                                                                                   |

| Q: | If I am a holder of Rights, can I exercise redemption rights with respect to my Public Rights? |

| A: | No. The holders of Rights have no redemption rights with respect to the Rights. |

| Q. | What are the U.S. federal income tax consequences of exercising my Redemption Rights? |

| A. | In the event that a U.S. Holder (as defined in “Material U.S. Federal Income Tax                                                                                                                                                     
 Considerations”) elects to redeem its Public Shares for cash, the treatment of the transaction for U.S. federal income tax purposes will depend on whether the redemption qualifies as a sale or exchange of the Public Shares under 
 Section 302 of the Internal Revenue Code of 1986, as amended (the “Code”), or is treated as a distribution under Section 301 of the Code and whether CSLM would be characterized as a passive foreign investment company             
 (“PFIC”).                                                                                                                                                                                                                            |

Additionally, because the Domestication will occur prior to the redemption by U.S. Holders that exercise redemption rights with respect to Public Shares, U.S. Holders exercising such redemption rights will be subject to the potential tax consequences of section 367(b) of the Code and the PFIC rules. The tax consequences of the exercise of redemption rights, including pursuant to Section 367(b) of the Code and the PFIC rules, are discussed more fully below under “ Material U.S. Federal Income Tax Considerations.” All holders of Public Shares considering exercising their redemption rights are urged to consult their tax advisor on the tax consequences to them of an exercise of redemption rights, including the applicability and effect of U.S. federal, state, local and foreign income and other tax laws.

| Q. | What happens to the funds deposited in the Trust Account after consummation of the Proposed 
 Transaction?                                                                                |

| A. | Following the closing of the IPO (including exercise of the over-allotment option by the                                                                                                                                                      
 underwriters of the IPO), an amount equal to $191,647,500 of the net proceeds from the IPO and the sale of the Private Placement Warrants was placed in the Trust Account. CSLM initially had until October 18, 2023 to consummate an initial 
 business combination. On July 13, 2023, CSLM held an extraordinary general                                                                                                                                                                    |

22

| meeting (