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CSLM Acquisition Corp. is asking shareholders to approve extending its deadline to complete a business combination and related trust-amendment measures. The Extension Proposal would amend the company’s charter to push the current termination date on a semi-monthly basis to an Extended Date of December 18, 2025, after which, if no business combination is consummated, the company would wind up, redeem 100% of public ordinary shares from the Trust Account (subject to up to $100,000 of interest for dissolution expenses) and proceed to liquidate and dissolve under Cayman Islands law.
The Trust Amendment Proposal would change the trust agreement with Continental Stock Transfer & Trust Company to permit the same semi-monthly extension to December 18, 2025. An Adjournment Proposal would allow reconvening the meeting to solicit additional proxies if needed. The filing notes that if a combination is not completed by the deadline, Initial Shareholders’ pre-IPO ordinary shares and private warrants would be rendered worthless and certain sponsor/officer reimbursements or loans may not be repaid.
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