Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 264

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 264
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Pubco Common Stock and 5,000,000 shares of preferred stock.

As of the date of this proxy statement/prospectus, there are
(a) 13,487,186 CSLM Class A Ordinary Shares issued and outstanding, (b) 1 CSLM Class B Ordinary Share issued and outstanding and (c) no CSLM preference shares issued and outstanding. In addition, as of the date of this proxy
statement/prospectus, there is an aggregate of (i) 9,487,500 Public Warrants and (ii) 7,942,500 Private Placement Warrants, in each case, issued and outstanding. Subject to the terms and conditions of the Warrant Agreement, each whole CSLM
Warrant will be exercisable after giving effect to the Merger for one share of Pubco Common Stock at an exercise price of $11.50 per share. CSLM Warrants will become exercisable 30 days after the Closing.

Pursuant to the Merger Agreement, (i) the holders of Fusemachines Common Stock, Fusemachines Options, Fusemachines Earnout Warrants and
Fusemachines SARs immediately prior to the Closing will receive aggregate consideration of $200.0 million in the form of shares of Pubco Common Stock (at a deemed value of $10.00 per share) in exchange for their outstanding equity interests and
the holders of other Fusemachines Warrants will receive Converted Warrants in exchange for such warrants, (and (ii) Pubco will assume all obligations of Fusemachines with respect to the Converted Stock Options, Converted Warrants, and will
issue or, as applicable, reserve for issuance in respect of shares underlying the Converted Stock Options, Converted Warrants.

In order
to ensure that Pubco has sufficient authorized capital for future issuances, the CSLM Board has approved, subject to shareholder approval, that the Proposed Organizational Documents of Pubco amend and redesignate the authorized share capital of CSLM
from (a) 500,000,000 CSLM Class A Ordinary Shares, 50,000,000 CSLM Class B Ordinary Shares and 5,000,000 CSLM preference shares to (b) 200,000,000 shares of Pubco Common Stock and 5,000,000 shares of preferred stock.

This summary is qualified by reference to the complete text of the Proposed Organizational Documents of Pubco, copies of which are attached to
this proxy statement/prospectus as AnnexB-