Company: CSLMF
Filing Date: 2025-06-24
Form Type: DEF 14A
Source: 0001193125-25-144883
Chunk: 30

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-06-24
Form: DEF 14A
Chunk 30
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 their Public Shares in the open market, even if the market price
per share is higher than the redemption price stated above, as there may not be sufficient liquidity in its securities when such Shareholders wish to sell their shares.

Reasons for the Extension Proposal

The
purpose of the Extension Proposal is to allow the Company more time to consummate the Proposed Business Combination. The Company’s IPO prospectus and the Existing Charter provide that the Company has until the Current Termination Date to
complete a business combination. While the Company has signed a definitive business combination agreement, our board of directors currently believes that there will not be sufficient time before the Current Termination Date to complete the Proposed
Business Combination and hold a general meeting at which to conduct a vote for shareholder approval of the Proposed Business Combination. Accordingly, our board of directors has determined it is in the best interests of the Company and our
shareholders to extend the termination date from the Current Termination Date to the Extended Date.

If the Extension Proposal Is Not Approved

If based on the tabulated vote there are insufficient votes to approve the Extension Proposal and the Trust Amendment Proposal, the Company may put the
Adjournment Proposal to a vote as the first resolution in order to seek additional time to obtain sufficient votes in support of the Extension Proposal and the Trust Amendment Proposal. If the Extension Proposal and the Trust Amendment are not
approved at the General Meeting, we expect to take all necessary actions and hold additional general meetings until July 18, 2025, to obtain the approval of the Extension Proposal and the Trust Amendment Proposal. If the Extension Proposal and
the Trust Amendment Proposal are not approved by July 18, 2025 and we are unable to consummate the Proposed Business Combination prior to or on July 18, 2025, assuming that the time to complete a business combination is not extended in
accordance with the Existing Charter, the Company shall (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a
per-Share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the Trust Account and not previously released to the Company to pay income taxes, if any, (less up to $100,000 of
interest to pay dissolution expenses), divided by the number of

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Public Shares then in issue, which redemption will completely extinguish public Shareholders’ rights as