Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 321

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 321
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 |               |           |     |               |        |     |              | 28,000,368 |
| Assumed Conversion Ratio                                                                             |     |                                        |            |     |               |            |   |     |               |           |     |               |        |     |              |     0.6526 |
| Estimated shares of Fusemachines Pubco Common Stock issued to Fusemachines stockholders upon Closing |     |                                        |            |     |               |            |   |     |               |           |     |               |        |     |              | 18,272,993 |

The following transactions have been included as Financing Transactions and Other Material Events in accordance with Regulation S-X 210.11-01(a)(8): Financing Transactions

| • |     | In connection with the Business Combination, CSLM entered into a Subscription Agreement in August 2024 to sell                                                                                                                                     
 shares of Fusemachines Pubco Common Stock to the Sponsor at a price of $10.00 per share. Further, in August 2024, CSLM entered into an additional Subscription Agreement with the Sponsor. Pursuant to the terms of the agreement, the Sponsor has 
 committed to investing up to an additional $3,000,000, subject to reduction to zero as follows: (a) a dollar-for-dollar reduction for Parent Closing Excess Cash of                                                                                
 up to $1,000,000, and (b) a 20% reduction for every dollar of Parent Closing Excess Cash in excess of $1,000,000, if any, in exchange for the issuance of shares of Fusemachines Pubco Common Stock at a price of $10.00 per share. On February 4, 
 2025, in connection with the Second Amendment to Merger, the Subscription Agreement Amendment revised the non- contingent amount of the PIPE Investment to $8,840,000. As a result of the Subscription Agreement                                   
 Amendment, $8.8 million in cash is expected to be received on the Closing Date for the issuance o 884,000 shares of Fusemachines Pubco Common Stock.                                                                                               |

| • |     | On May 23, 2025, the Third Amended and Restated Promissory Note between CSLM and the Sponsor was amended.                                                                                                                                           
 Under the Fourth Amended and Restated Promissory Note terms, the maximum amount of principal that CSLM can borrow on the note increased to a total of $4.0 million. The Third