Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 309

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 309
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 Pubco’s assets or earnings and profits (for example, through an increase in the number of shares of Pubco
Common Stock that would be obtained upon exercise or through a decrease in the exercise price of the Pubco Warrant), which adjustment may be made as a result of a distribution of cash or other property, such as other securities, to the holders of
Pubco securities, or as a result of the issuance of a stock dividend to holders of Pubco Common Stock, in each case, which is taxable to the holders of such shares as a distribution. Such constructive distribution would be subject to tax as
described above under the section entitled “—Taxation of Distributions” in the same manner as if the U.S. Holders of the Pubco Warrants received a cash distribution from Pubco equal to the fair market
value of such increased interest.

Information Reporting and Backup Withholding

Payments of distributions on and the proceeds from a sale or other disposition of Pubco securities will be subject to information reporting to
the IRS and U.S. backup withholding on such payments may be possible. Backup withholding will not apply, however, to a U.S. Holder who furnishes a correct taxpayer identification number and makes other required certifications, or who is
otherwise exempt from backup withholding and establishes such exempt status.

Backup withholding is not an additional tax. Amounts
withheld as backup withholding may be credited against a U.S. Holder’s U.S. federal income tax liability, and the U.S. Holder generally may obtain a refund of any excess amounts withheld under the backup withholding rules by
timely filing the appropriate claim for refund with the IRS and furnishing any required information.

180

Non-U.S.Holders

U.S. Federal Income Tax Consequences of the Merger to Non-U.S.Holders of Fusemachines Securities

If the Merger qualifies as a “reorganization” within the meaning of Section 368(a) of the Code,
Non-U.S. Holders of Fusemachines securities should generally not recognize any gain or loss as a result of the Merger. Pursuant to the Merger, Non-U.S. Holders of
Fusemachines Common Stock and Fusemachines Preferred Stock will receive Pubco Common Stock in exchange for their shares of Fusemachines Common Stock or Fusemachines Preferred Stock, and Non-U.S. Holders
of Company Options will have their Company Options converted into options to acquire Pubco Common Stock. Each Non-U.S. Holder’s tax basis in the Pub