Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 653

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 653
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 As of March 31, 
            2025 |     |     |   December 
       2024 |    |
|:-----------------------------------------------------------|:----|:----|----------------:|:----|:----|-----------:|---:|
| Convertible preferred stock (as converted to common stock) |     |     |       9,043,234 |     |     |  9,043,234 |    |
| Common stock warrants                                      |     |     |         140,133 |     |     |    140,133 |    |
| Common Stock Contingent Obligation                         |     |     |          45,000 |     |     |     45,000 |    |
| Stock options                                              |     |     |       2,559,044 |     |     |  2,583,577 | -1 |
|                                                            |     |     |      11,787,411 |     |     | 11,811,944 |    |

| (1) | Includes 10,292 stock options as of December 31, 2024 that were legally exercised prior to meeting the                                                                 
 service base vesting requirements in exchange for nonrecourse promissory notes (Refer to “The Promissory Notes Transactions” in “Note 13 – Stock-based Compensation”). |

Convertible Preferred Stock In connection with the Restated Certificate, the number of shares of Convertible Preferred Stock that the Company is authorized to issue is 9,076,724. (Refer to “Note 10 – Convertible Preferred Stock”). Warrants As of March 31, 2025 and December 31, 2024 the Company had Common Stock Warrants outstanding to purchase up to 140,133 shares of the Company’s common stock at an exercise price of $0.46 per share and have a contractual term of 10 years. The Common Stock Warrants were issued in August 2023. (Refer to “Note 3 - Fair Value Measurements” and “Note 9 - Long-term Debt”). Common Stock Contingent Obligation As of March 31, 2025, the Company had a contingent obligation to issue 45,000 shares of common stock upon closing of the Merger to a certain vendor (also see “Note 16 – Commitments and Contingencies”). Note 12. Revenue Under ASC 606, revenue is recognized throughout the life of the executed agreement. The Company measures revenue based on consideration specified