Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 235

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 235
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 equal to the investment in CSLM by the Sponsor. As a result, if the Business Combination is completed, the Sponsor is likely to be able to make a substantial profit on its investment in us 
 even at a time when the Pubco Common Stock has lost significant value. On the other hand, if the Business Combination is not completed and CSLM liquidates without completing another initial business combination before the end of the completion    
 window, the Sponsor would lose its entire investment in us.                                                                                                                                                                                            |

| • |     | Upon liquidation, the Sponsor will lose its entire investment in the Founder Shares and Private Placement                                                                                                                                  
 Units, which totals $7,967,500 in the aggregate. The potential loss of this investment could incentivize the Sponsor and its affiliates to pursue a business combination transaction on unfavorable terms in order to avoid a liquidation. |

| • |     | CSLM’s existing directors and officers will be eligible for continued indemnification and continued                                                                                                                                      
 coverage under CSLM’s directors’ and officers’ liability insurance policy after the Merger and pursuant to the Merger Agreement and indemnification agreements entered into with such directors and officers in connection with the IPO. |

| • |     | In order to protect the amounts held in the Trust Account, the Sponsor has agreed that it will be liable to                                                                                                                                               
 CSLM if and to the extent any claims by a third party (other than CSLM’s independent registered public accounting firm) for services rendered or products sold to CSLM, or a prospective target business with which CSLM has discussed entering into      
 a transaction agreement, reduce the amount of funds in the Trust Account to below the lesser of (a) $10.00 per Public Share and (b) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust           
 Account, if less than $10.00 per Public Share, due to reductions in value of the trust assets, in each case net of the interest that may be withdrawn to pay taxes. This liability will not apply to any claims by a third party who executed a waiver of 
 any and all rights to seek access to the Trust Account and as to any claims under the indemnity of the underwriters of the IPO against certain liabilities, including liabilities under the Securities Act.                                               |

| • |     | The Sponsor and its affiliates have made an aggregate of $3,363,000 of advances to CSLM as of the date of this                                                                                                                                       
 proxy statement/prospectus, which will be repaid