Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 441

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 441
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 or entity and the percentage ownership of that person or entity in the table below, all shares subject to options, SARs or warrants held by such person or entity were deemed outstanding prior to the Business Combination if such securities are currently exercisable, or exercisable within 60 days of May 15, 2025 and were deemed outstanding post-Business Combination if such securities are exercisable within 60 days of the closing of the Business Combination. These shares were not deemed outstanding, however, for the purpose of computing the percentage ownership of any other person or entity. The beneficial ownership of CSLM Ordinary Shares pre-BusinessCombination is based on 6,116,437 CSLM Ordinary Shares issued and outstanding as of May 15, 2025, which includes 6,116,436 CSLM Class A Ordinary Shares and 1 CSLM Class B Ordinary Share. The expected beneficial ownership of shares of Pubco Common Stock post-Business Combination assumes two scenarios:

| • |     | a “no additional redemptions” scenario where (i) no further CSLM Class A Ordinary Shares are                                                                                                                                              
 redeemed in connection with the Business Combination and (ii) based on Fusemachines’ balance of capital stock as of May 15, 2025, Pubco issues 18,247,899 shares of Pubco Common Stock to Fusemachines Securityholders in the Merger; and |

| • |     | a “maximum redemptions” scenario where (i) 1,372,687 Public Shares, or approximately 22% of the                                                                                                                                                         
 outstanding Public Shares and 100% of all Public Shares that are not subject to non-redemption Agreements, are redeemed in connection with the Business Combination for an aggregate payment of approximately $16.6 million from the Trust Account at a 
 redemption price of approximately $12.07 per share and (ii) based on Fusemachines’ balance of capital stock as of May 15, 2025, Pubco issues 18,272,993 shares of Pubco Common Stock to Fusemachines Securityholders in the Merger.                     |

Based on the foregoing assumptions and Fusemachines’ balance of capital stock as of May 15, 2025, we estimate that there would be 27,548,641 shares of Pubco Common Stock issued and outstanding immediately following the consummation of the Business Combination in the “no additional redemptions” scenario, and 26,501,049 shares of Pubco Common Stock issued and outstanding immediately following