Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 354

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 354
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 any right, title, interest or claim of any kind in or to monies held in the Trust Account. The Sponsor will also not be liable as to any claims under CSLM’s indemnity of the underwriters of
the IPO against certain liabilities, including liabilities under the Securities Act.

If CSLM files a
winding-up or bankruptcy petition or an involuntary winding-up or bankruptcy petition is filed against us that is not dismissed, the proceeds held in the Trust Account
could be subject to applicable insolvency or bankruptcy law, and may be included in CSLM’s insolvency estate and subject to the claims of third parties with priority over the claims of CSLM’s shareholders. To the extent any insolvency
claims deplete the Trust Account, CSLM cannot assure you CSLM will be able to return $10.00 per share to CSLM’s Public Shareholders. Additionally, if CSLM files a winding-up or bankruptcy petition or an
involuntary winding-up or bankruptcy petition is filed against us that is not dismissed, any distributions received by shareholders could be viewed under applicable debtor/creditor and/or insolvency or
bankruptcy laws as a voidable performance. As a result, an insolvency or bankruptcy court could seek to recover some or all amounts received by CSLM’s shareholders. Furthermore, the CSLM Board may be viewed as having breached its fiduciary duty
to CSLM’s creditors or may have acted in bad faith, and thereby exposing itself and us to claims of punitive damages, by paying Public Shareholders from the Trust Account prior to addressing the claims of creditors. CSLM cannot assure you that
claims will not be brought against us for these reasons.

CSLM’s Public Shareholders will be entitled to receive funds from the Trust
Account only upon the earliest to occur of: (1) CSLM’s completion of an initial business combination, and then only in connection with those Public Shares that such shareholder properly elected to redeem, subject to the limitations
described herein; (2) the redemption of any Public Shares properly submitted in connection with a shareholder vote to amend the Current Charter (A) to modify the substance or timing of CSLM’s obligation to allow redemption in
connection with CSLM’s initial business combination or to redeem 100% of the Public Shares if CSLM does not complete CSLM’s initial 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