Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 547

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 547
---
:                                    |     |           |            |     |           |   |     |           |   |
| Treasury Trust Funds held in Trust Account |     |           | 16,053,202 |     | $         | — |     | $         | — |

Non-recurring Fair Value Measurements On February 4, 2025, the Company entered into a third amendment on it’s WC Promissory Note which resulted in the Company accounting for the 3rd A&R WC Promissory Note as a debt extinguishment (see Note 5). As a result, the Company measured the 3rd A&R WC Promissory Note at its reacquisition price, which is the fair value of the amended debt instrument on February 4, 2025, or $4,715,000. The 3rd A&R WC Promissory Note was issued at a substantial premium (see Note 5), which resulted in recording the substantial premium in excess of principal and accrued interest through additional paid-in capital. As such, on February 4, 2025, $2,750,000 of principal and $142,156 of accrued interest were re-established as liabilities, and $1,822,844 of substantial premium was recognized in additional paid-in capital on the condensed consolidated balance sheets. The 3rd A&R WC Promissory Note reacquisition price is deemed a Level 3 fair value measurement. The following table sets forth a level 3 rollforward for the three months ended March 31, 2025:

| Balance – December 31, 2024       |     | Three months ended 
 March 31, 2025     |         — |
|:----------------------------------|:----|:-------------------|----------:|
| Issuance of 3rd A&R WC Promissory 
 Note                              |     |                    | 4,715,000 |
| Balance – March 31, 2025          |     | $                  | 4,715,000 |

NOTE 9 — SEGMENT INFORMATION ASC Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities from which it may F-45

recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker, or group, in
dec