CSLM Acquisition Corp. (NASDAQ: CSLM) is a Delaware-incorporated special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. Founded in 2020, CSLM Acquisition raised capital through an initial public offering and holds all proceeds in a trust account pending the identification and completion of a qualifying business combination. The company does not engage in any operations of its own until it completes a business combination.
The company seeks to partner with businesses in sectors poised for accelerated growth and innovation, with a focus on technology-enabled services, financial technology and data analytics. By targeting firms with proven revenue models and scalable platforms, CSLM Acquisition aims to leverage its experience in mergers and acquisitions to support market expansion, product development and operational efficiencies. The SPAC structure allows potential target companies to access public markets more rapidly and with greater certainty compared to a traditional initial public offering.
CSLM Acquisition is sponsored by CSL Capital Management, a team led by Chairman and Chief Executive Officer Michael J. Klein, who brings over three decades of investment banking and corporate leadership experience, including senior roles at global financial institutions. Supporting Klein is a management team with deep expertise in deal sourcing, corporate governance and post-merger integration. Together, they are responsible for identifying acquisition targets, negotiating transaction terms and guiding the combined entity toward long-term value creation.
With its headquarters in New York City and a global investment remit, CSLM Acquisition Corp. plans to leverage its capital base and management network to pursue strategic transactions across North America, Europe and Asia. The company has up to 24 months from its IPO to complete a business combination, during which time it may also seek extensions or amendments as permitted by its charter. Upon successful completion of a qualifying transaction, CSLM Acquisition shareholders will hold equity in the resulting public entity, which will continue to be listed on the Nasdaq stock exchange under its current ticker symbol or a new trading symbol.
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