Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 353

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 353
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 CSLM’s IPO against certain liabilities, including liabilities under the Securities Act. In the event that an executed waiver is deemed to be unenforceable against a third party, then
the Sponsor will not be responsible to the extent of any liability for such third-party claims. CSLM has not independently verified whether the Sponsor has sufficient funds to satisfy its indemnity obligations and CSLM believes that the
Sponsor’s only assets are securities of CSLM and, therefore, the Sponsor may not be able to satisfy those obligations. None of CSLM’s other directors or officers will indemnify us for claims by third parties including, without limitation,
claims by vendors and prospective target businesses.

In the event that the proceeds in the Trust Account are reduced below
(i) $10.00 per Public Share or (ii) such lesser amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account, if

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less than $10.00 per share, due to reductions in value of the trust assets, in each case net of the amount of interest which may be withdrawn to pay taxes, and the Sponsor asserts that it is
unable to satisfy its indemnification obligations or that it has no indemnification obligations related to a particular claim, CSLM’s independent directors would determine whether to take legal action against the Sponsor to enforce its
indemnification obligations. While CSLM currently expects that CSLM’s independent directors would take legal action on CSLM’s behalf against the Sponsor to enforce its indemnification obligations to us, it is possible that CSLM’s
independent directors in exercising their business judgment may choose not to do so in any particular instance. Accordingly, CSLM cannot assure you that due to claims of creditors the actual value of the
per-share redemption price will not be substantially less than $10.00 per share. See “Risk Factors—Risks Related to the Business Combination and CSLM—If third parties bring claims against us, the proceeds held in the Trust Account could be reduced and the per share redemption amount received by shareholders may be less than $10.00 per share (which was the offering price in CSLM’s IPO)” and other risk factors contained herein.

CSLM will seek to reduce the possibility
that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (other than CSLM’s independent auditors), prospective target businesses and other entities with which
CSLM does business execute agreements with us waiving