Company: CSLMF
Filing Date: 2025-05-23
Form Type: 8-K
Source: 0001193125-25-125909
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Company: CSLM ACQUISITION CORP.
Filing Date: 2025-05-23
Form: 8-K
Item: Item 1.01
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Item 1.01.      Entry into a Material Definitive Agreement.  

As previously disclosed, on February 4, 2025, CSLM Acquisition Corp. (“ CSLM”) issued a 3rd amended and restated promissory note (the “3rd A& R Note”) to increase the amount the Company may borrow from $2,750,000 to $3,000,000. The 3rd A& R Note bears interest at a rate of 4.75% per annum, and is payable on the earlier to occur of (i) the date by which the Company has to complete a business combination or (ii) the effective date of a business combination. In the event of a Business Combination, the outstanding balance payable may be repaid at the payee’s discretion, (i) in cash, or (ii) $1,491,000 of the Principal and its accrued and unpaid interest shall be converted into CSLM’s Class A ordinary shares at a share price of Four Dollars ($4.00), the balance of which shall be payable in cash at the closing of the Business Combination.

On May 23, 2025, CSLM amended the 3rd A& R Note solely to increase the amount the Company may borrow from $3,000,000 to $4,000,000 (“ Amendment 1”). All other provisions of the 3rdA& R Note remain the same.