Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 581

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 581
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 | 3,764 |     |       | 3,764 |
| Related party loan payable                            |     |         |               700 |     |            |     — |     |       |    700 |     |         |                 — |     |            |     — |     |       |     — |
| Total                                                 |     |         |             9,941 |     |            | 6,724 |     |       | 16,665 |     |         |               191 |     |            | 6,025 |     |       | 6,216 |

| (1) | Net of discount of $548.6 thousand as of December 31, 2023. |

F-75

Convertible Notes at Fair Value

Related party convertible notes payable at fair value

In October 2019, the Company entered into a convertible promissory note agreement (the “2019 Convertible Note Agreement”) with a
lender and issued a convertible promissory note for the principal amount of $2,000.0 thousand (the “2019 Convertible Note”). The 2019 Convertible Note bears interest at a rate of 10% per annum, compounded quarterly. The 2019
Convertible Note matured in September 2022.

In September 2021, the Company entered into a second convertible promissory note agreement
(the “2021 Convertible Note Agreement”) (the 2019 Convertible Note Agreement and the 2021 Convertible Note Agreement collectively referred to as the “2019 and 2021 Convertible Notes Agreements”) with the same lender and issued a
convertible promissory note for the principal amount of $450.0 thousand (the “2021 Convertible Note”) (the 2019 Convertible Note and the 2021 Convertible Note collectively, the “2019 and 2021 Convertible Notes”). The 2021
Convertible Note was issued with the same terms as the 2019 Convertible Note, except with a maturity date of October 2022.

Effective
December 2022, the 2019 and 2021 Convertible Notes Agreements were amended (the “2022 Amended Convertible Notes Agreements”) to extend the maturity date for the 2019 and 2021 Convertible Notes to December 2023, increase the interest rate
to 15% for the period from December 2022 through December 2023, adding a prepayment option