Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 528

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 528
---
A) to modify the substance or timing of the Company’s obligation to redeem 100% of the public shares if the Company does not complete the initial Business Combination within 12 months from the closing of the Initial Public
Offering or (B) with respect to any other provision relating to shareholders’ rights or pre-initial Business Combination activity; or (iii) absent an initial Business Combination within 12
months from the closing of the Initial Public Offering, the return of the funds held in the Trust Account to the public shareholders as part of redemption of the public shares.

F-33

Net Income (Loss) Per Ordinary Share The statements of operations include a presentation of income (loss) per Class A redeemable ordinary shares and income (loss) per non-redeemableClass A and Class B ordinary shares following the two-classmethod of income per common stock. In order to determine the net income (loss) attributable to both the Class A redeemable ordinary shares and non-redeemableClass A and Class B ordinary shares, the Company first considered the total income (loss) allocable to both sets of stock. This is calculated using the total net income (loss) less any dividends paid. For purposes of calculating net income (loss) per share, any remeasurement of the Class A ordinary shares subject to possible redemption was treated as dividends paid to the public shareholders. Subsequent to calculating the total income (loss) allocable to both sets of shares, the Company split the amount to be allocated using the total number of shares outstanding for each share class at each respective period, before and after redemptions and conversions, for the three months ended March 31, 2025 and 2024, reflective of the respective participation rights. The Company has not considered the effect of the 9,487,500 public warrants or 7,942,500 private placement warrants in the calculation of diluted net income (loss) per share since the exercise of such warrants are contingent upon the occurrence of future events and the inclusion of such warrants would be anti-dilutive.In addition, the Company has not included the impact of Class A ordinary shares to be issued upon conversion of the 3rd A&R WC Promissory Note (see Note 5), as the issuance of such Class A ordinary shares is contingent upon the business combination. The following tables reflect the calculation of basic and diluted net income (loss) per ordinary shares for the three months ended March 31, 2025 (in dollars, except per share amounts):

|