Consilium Acquisition Corp. I, Ltd. Class A (CSLM) has released an update.
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CSLM Acquisition Corp. has injected an additional $70,000 into its trust account to extend the deadline for completing a business combination until March 18, 2024. They have the option to further postpone this deadline monthly until October 18, 2024, by contributing the same amount for each extension. This move offers the company more time to secure a suitable merger or acquisition deal.
For further insights into CSLM stock, check out TipRanks’ Stock Analysis page.