Fusemachines, Inc. entered into a definitive agreement to acquire CSLM Acquisition Corp. in a reverse merger transaction.

Fusemachines, Inc. entered into a definitive agreement to acquire CSLM Acquisition Corp. (NasdaqCM:CSLM) in a reverse merger transaction on January 23, 2024. The business combination, valuing the combined company at $200 million.

Post merger, the combined company is expected to list on Nasdaq under the ticker symbol "FUSE". The transaction is subject to approvals by CSLM's stockholders and Fusemachines stockholders and other customary closing conditions, including the receipt of certain regulatory approvals. The transaction has been unanimously approved by the boards of directors of Fusemachines and CSLM.

The transaction is expected to be completed by the end of Q2 2024.