Company: CSLMF
Filing Date: 2025-06-24
Form Type: DEF 14A
Source: 0001193125-25-144883
Chunk: 38

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-06-24
Form: DEF 14A
Chunk 38
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ate. If we are required to liquidate, our investors would not be able to realize the benefits of owning stock in a successor operating business,
including the potential appreciation in the value of our stock and warrants following such a transaction, and our warrants would expire worthless.

The longer that the funds in the trust account are held in short-term U.S. government securities or in money market funds invested exclusively
in such securities, the greater the risk that we may be considered an unregistered investment company, in which case we may be required to liquidate.

Full Text of the Resolution.

Please see
Annex A.

THE BOARD RECOMMENDS A VOTE “FOR” THE EXTENSION PROPOSAL.

21

PROPOSAL 2-

THE TRUST AMENDMENT

The Trust Amendment

The proposed Trust Amendment would amend our existing Investment Management Trust Agreement (as amended, the
“Trust Agreement”), dated as of January 12, 2022, as amended, by and between the Company and Continental Stock Transfer & Trust Company (the “Trustee”), allowing the Company to extend the Combination
Period on a semi-monthly basis until October 18, 2025 by depositing into the trust account (the “Trust Account”) the lesser of $0.02 per non-redeemed share or $15,000 every two weeks, beginning July 18, 2025 for each
semi-monthly extension (each, an “Extension Payment”) payable on the 18 and 3 of each month for each Extension Payment. A
copy of the proposed Trust Amendment is attached to this proxy statement as . All shareholders are encouraged to read the proposed amendment in its entirety for a more complete description of its terms.

Reasons for the Trust Amendment

The
purpose of the Trust Amendment Proposal is to allow the Company more time to complete the Proposed Business Combination. The Company’s IPO prospectus and the Existing Charter provide that the Company has until the Current Termination Date to
complete a business combination. While the Company has signed a definitive business combination agreement, our board of directors currently believes that there will not be sufficient time before the Current Termination Date to complete the Proposed
Business Combination and hold a general meeting at which to conduct a vote for shareholder approval of the Proposed Business Combination. Accordingly, our board of directors has determined it is in the best interests of the Company and our
shareholders to extend the termination date from the Current Termination Date to the Extended Date.

If the Trust Amendment Is Not Approved

If based on