Company: CSLMF
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076682
Chunk: 40

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 40
---
 Agreement”) with
Meteora Capital Partners, L, Meteora Select Trading Opportunities Master, LP and Meteora Strategic Capital, LLC for an OTC Equity
Prepaid Forward Transaction. The Forward Purchase Agreement is not being entered into to provide any capital to ensure that the
Company meets the minimum cash requirements for its initial business combination. Instead, the Company entered into the Forward
Purchase Agreement to provide access to additional non-dilutive growth capital at the Company’s discretion in replacement of
redeemed Trust Account assets. Pursuant to the terms of the Forward Purchase Agreement, the Seller intended, but was not obligated,
to own and hold up to 3,000,000 Maximum Number of Shares.

On August 3, 2025, the Company deposited $15,000 into the Company’s
trust account in order to further extend the amount of time it has available to complete a business combination to August 18, 2025.

20

Item 2. Management’s Discussion and Analysis of
Financial Condition and Results of Operations

References to the “Company,” “CSLM Acquisition Corp.,”
“Consilium Acquisitions Corp. I,” “our,” “us” or “we” refer to CSLM Acquisition Corp.
The following discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction
with the financial statements and the notes thereto contained elsewhere in this report. Certain information contained in the discussion
and analysis set forth below includes forward-looking statements that involve risks and uncertainties.

Special Note Regarding Forward-Looking Statements

This
Quarterly Report includes “forward-looking statements” that are not historical facts and involve risks and uncertainties that
could cause actual results to differ materially from those expected and projected. All statements, other than statements of historical
fact included in this Quarterly Report including, without limitation, statements in this “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” regarding the Company’s financial position, business strategy and the plans
and objectives of management for future operations, are forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Words such as “expect,” “believe,”
“anticipate,” “intend,” “estimate,” “seek” and variations and similar words and expressions
are intended to identify such forward- looking statements. Such forward-looking statements relate to future events or future performance,