CSLM ACQUISITION CORP.: debt financing — CSLM Acquisition increases sponsor loan facility from $3M to $4M via note amendment

CSLM ACQUISITION CORP.

Amendment to existing promissory note raises maximum borrowable amount from $3M to $4M; interest rate unchanged at 4.75%.
Note from sponsor Consilium Acquisition Sponsor I, LLC; payable at earlier of business combination or deadline.
Upon business combination, up to $1.491M of principal plus accrued interest may convert to Class A ordinary shares at $4.00 per share.
All other terms of the 3rd A&R Note remain in effect; amendment effective May 23, 2025.
Proceeds intended for working capital and general corporate purposes prior to business combination.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CSLM ACQUISITION CORP. amended loan of $4,000,000 at 4.75% per annum maturing the earlier to occur of (i) the date by which the Company has to complete a business combination or (ii) the effective date of a business combination.

Instrument: loan
Principal: $4,000,000
Rate: 4.75% per annum
Maturity: the earlier to occur of (i) the date by which the Company has to complete a business combination or (ii) the effective date of a business combination
Event: amendment

Exact text from the filing

On May 23, 2025, CSLM amended the 3rd A&R Note solely to increase the amount the Company may borrow from $3,000,000 to $4,000,000

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Source: SEC EDGAR

accession 0001193125-25-125909

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