Company: CSLMF
Filing Date: 2025-09-19
Form Type: PRE 14A
Source: 0001213900-25-089554
Chunk: 42

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-09-19
Form: PRE 14A
Chunk 42
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 such, our shareholders could potentially be liable for any claims of creditors to the
extent of distributions received by them as an unlawful payment in the event we enter an insolvent liquidation. Furthermore, while we
will seek to have all vendors and service providers (which would include any third parties we engaged to assist us in any way in connection
with our search for a target business) and prospective target businesses execute agreements with us waiving any right, title, interest
or claim of any kind they may have in or to any monies held in the Trust Account, there is no guarantee that they will execute such agreements.
Nor is there any guarantee that, even if such entities execute such agreements with us, they will not seek recourse against the Trust
Account or that a court would conclude that such agreements are legally enforceable.

Our Initial Shareholders,
including our Sponsor, our officers and directors and the representative in our initial public offering, have agreed to waive their rights
to participate in any liquidation of our Trust Account or other assets with respect to the insider shares and to vote their insider shares
in favor of any dissolution and plan of distribution which we submit to a vote of shareholders. There will be no distribution from the
Trust Account with respect to our private warrants, which will expire worthless.

If the Trust Amendment Is Approved

If the Charter Amendment and
Trust Amendment are approved, the amendment to the Trust Agreement in the form of Annex B hereto will be executed and the
Trust Account will not be disbursed except in connection with our completion of the Business Combination or in connection with our liquidation
if we do not complete the Proposed Business Combination by the applicable termination date. The Company will then continue to attempt
to consummate a business combination until the applicable termination date or until the Company’s Board of Directors determines
in its sole discretion that it will not be able to consummate the Proposed Business Combination by the applicable termination date as
described below and does not wish to seek an additional extension.

Required Vote

The Trust Amendment Proposal
must be approved by a special resolution as a matter of Cayman Islands law, being a resolution passed by the affirmative vote of a majority
of not less than two-thirds of the votes cast by the holders of the Ordinary Shares and Public Shares entitled to vote, in person or
by proxy, at the General Meeting of the Company, of which notice specifying the intention to propose the resolution as a special resolution
has been duly given. Abstentions and broker non-votes, while considered present