Apex Trader Funding - News
CSLM Acquisition Corp (NASDAQ: CSLM) ("CSLM") Makes the Following Announcement Regarding the Upcoming Annual General Meeting
Fort Lauderdale, FL August 12, 2024 --(PR.com)-- CSLM Acquisition Corp (NASDAQ:CSLM) (“CSLM”) makes the following announcement regarding the upcoming Annual General Meeting:
Earlier this year, CSLM announced that it had entered into a merger agreement (the “Merger Agreement”) with Fusemachines, Inc. (“Fusemachines”), a New York-based enterprise AI transformation business with a unique 10-year track record of increasing ROI for US enterprise companies to consummate a business combination (“Business Combination”).
CSLM continues to believe that Fusemachines is at the leading edge of true AI companies and is well-positioned to continue to capitalize on the growing interest by businesses in mining the benefits associated with artificial intelligence and machine learning in gaining efficiencies and maximizing revenues and margins from predictive algorithms. Since CSLM first announced the proposed Business Combination in January 2024, Fusemachines has made great progress on completing the audit of their financial statements, and believes that the first confidential filing of SEC Form S-4 Registration Statement will be coming in the next weeks. Sameer Maskey, Founder and CEO of Fusemachines, said “We are very excited at the prospect of soon reaching a major milestone event on our journey of becoming a public company and are looking forward to completing the business combination with CSLM later this year.”
Because of the expected time needed to close the Business Combination, CSLM filed SEC Form 14A on August 8, 2024 providing notice of its annual general meeting to be held on August 18, 2024 where several proposals will be considered, including a proposal to extend the time to close the Business Combination on a month-to-month basis, until July ...