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CSLM Acquisition Corp. (Nasdaq: CSLM) has taken a significant step towards its proposed business combination with Fusemachines, Inc. The company announced on September 16, 2024, that it confidentially submitted a draft registration statement on Form S-4 to the Securities and Exchange Commission (SEC) on September 3, 2024. This filing is related to the previously announced merger, which aims to result in the public listing of the newly merged companies ('Pubco') on the NASDAQ exchange.
This move marks a important phase in the merger process, as the S-4 registration statement typically contains detailed information about the business combination, including financial statements, risk factors, and terms of the transaction. The confidential submission allows the companies to work with the SEC to address any potential issues before making the information public.
Consilium Acquisition Corp I, Ltd. (Nasdaq: CSLMU) announced that starting March 7, 2022, holders of its initial public offering units (18,975,000 units) can separately trade Class A ordinary shares, rights, and redeemable warrants. The separated units will trade under the symbols CSLM, CSLMR, and CSLMW. The company aims to merge or acquire businesses in consumer-focused sectors like technology and healthcare. The offering was underwritten by BTIG, LLC, with I-Bankers Securities, Inc. as co-manager.
Consilium Acquisition Corp I priced its initial public offering (IPO) at $10.00 per unit, raising $165 million through 16,500,000 units, set to trade under the ticker 'CSLMU' on Nasdaq starting January 13, 2022. Each unit comprises one Class A ordinary share, one right, and half a redeemable warrant. The company aims to merge or acquire businesses in technology, financial services, or media sectors, particularly in frontier growth markets. The offering is expected to close on January 18, 2022, subject to customary conditions.
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