Company: CSLMF
Filing Date: 2025-05-22
Form Type: PRE 14A
Source: 0001193125-25-125124
Chunk: 24

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-05-22
Form: PRE 14A
Chunk 24
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ClassB Shares”), upon the conversion of an equal number
of Class B Shares (the “Conversion”). The 4,743,749 Class A Shares issued in connection with the Conversion are subject to the same restrictions as applied to the Class B Shares before the Conversion, including, among
other things, certain transfer restrictions, waiver of redemption rights and the obligation to vote in favor of an initial business combination as described in the prospectus for our initial public offering (the converted Class B Shares and the
remaining one Class B Share are together referred to as the “Sponsor Shares”). Following the Conversion and the redemptions, there were 6,116,436 Class A Shares issued and outstanding and one Class B Share issued and
outstanding.

On August 18, 2024, as approved by its shareholders at the annual general meeting held on August 18, 2024 (the
“Annual Meeting”), the Company and its trustee, Continental Stock Transfer & Trust Company, amended the Investment Management Trust Agreement dated January 12, 2022, as amended on July 13, 2023, in order to allow
the Company to extend the time to complete a business combination on a month-to-month basis, until July 18, 2025 (the “Current Termination Date”)
by placing $30,000 into the Company’s Trust Account. In connection with the Annual Meeting, shareholders holding an aggregate of 3,399,500 Class A Ordinary Shares exercised their right to redeem their shares.

Holders of the Sponsor Shares have agreed to waive their respective rights to liquidating distributions from the trust account in respect of
any Sponsor Shares held by it or them, as applicable, if the company fails to complete an initial business combination.

The Sponsor has
indicated that if the Extension Proposal and the Trust Amendment Proposal are approved, the Sponsor will contribute $ , as a loan to the Company (each loan being referred to herein as a

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“Contribution”) for each one-month extension period, commencing on the 18th day of each month, (each such
one-month extension, an “Extension Period”), until the earlier of (x) the date of the extraordinary general meeting held in connection with a shareholder vote to approve its initial
business combination; (y) the Extended Date and (z) the date that the board determines in its sole discretion to no longer seek an initial business combination.

On January 22, 2024, the Company (or “CSLM”), a Cay