Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 350

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 350
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 with Pubco by July 18, 2025, by depositing $30,000 in
the Trust account on a monthly basis for each one-month extension and has not completed another business combination by such date, in each case, as such date may be extended pursuant to the Current Charter,
CSLM will: (1) cease all operations except for the purpose of winding up; (2) as promptly as reasonably possible but not more than 10 business days thereafter, redeem the 1,372,687 outstanding Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the Trust Account and not previously released to CSLM to pay income taxes (less up
to $100,000 of interest to pay dissolution expenses and which interest will be net of taxes payable), divided by the number of then issued and outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as
shareholders (including the right to receive further liquidating distributions, if any), subject to applicable law; and (3) as promptly as reasonably possible following such redemption, subject to the approval of CSLM’s remaining
shareholders and the CSLM Board, liquidate and dissolve, subject in each case to its obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law.

The Sponsor has entered into a letter agreement with CSLM, pursuant to which it waived its rights to liquidating distributions from the Trust
Account with respect to CSLM Class B Ordinary Shares if CSLM fails to complete its business combination within the required time period. However, if the Sponsor owns any Public Shares, the Sponsor will be entitled to liquidating distributions
from the Trust Account with respect to such Public Shares if CSLM fails to complete its business combination within the allotted time period.

The Sponsor and CSLM’s directors and officers have agreed, pursuant to a written agreement with CSLM, that they will not propose any
amendment to the Current Charter (A) to modify the substance or timing of CSLM’s obligation to allow for redemption in connection with CSLM’s initial business combination or to redeem 100% of its Public Shares if it does not complete
its business combination by July 18, 2025, by depositing $30,000 in the Trust account on a monthly basis for each one-month extension or (B) with respect to any other provision relating to
shareholders’ rights or pre-initial business combination activity,