Shrestha Sanjay K 4
4 · Fusemachines Inc. · Filed Oct 28, 2025
Insider Transaction Report
Form 4
Shrestha Sanjay K
Director
Transactions
- Award
Common stock
2025-10-22$10.00/sh+235,982$2,359,820→ 235,982 total - Award
Options to purchase common stock
2025-10-22+39,481→ 39,481 totalExercise: $0.70From: 2025-10-22Exp: 2033-02-08→ Common stock (39,481 underlying)
Footnotes (3)
- [F1]Pursuant to the merger agreement dated January 22, 2024 and amended on August 27, 2024 between CSLM Acquisition Corp., a Cayman Islands exempted company ("CSLM"), CSLM Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of CSLM ("Merger Sub"), Fusemachines Inc., a Delaware company ("Old Fusemachines"), and CSLM Holdings, Inc. ("New Fusemachines") (as amended, the "Business Combination Agreement"), each issued and outstanding share of Old Fusemachines common stock was converted into shares of New Fusemachines common stock at a conversion ratio of 0.6580 (the "Conversion Ratio").
- [F2]Pursuant to the Business Combination Agreement, each issued and outstanding option to purchase shares of Old Fusemachines common stock was converted into an option to purchase shares of New Fusemachines common stock, with the number of shares underlying the option and the exercise price of the option, each adjusted in accordance with the Conversion Ratio.
- [F3]Represents options to purchase up to an aggregate of 39,481 shares of New Fusemachines common stock