Fusemachines completes its business combination with CSLM, listing on Nasdaq to enhance AI access and growth opportunities.
Quiver AI Summary
Fusemachines Inc. has successfully completed its business combination with CSLM Acquisition Corp., and will now operate as a publicly-traded entity on the Nasdaq under the ticker symbols "FUSE" for common stock and "FUSEW" for warrants. This significant event marks a new phase for Fusemachines, which aims to democratize artificial intelligence (AI) by providing access to advanced technologies and education worldwide. The merger is expected to enhance the company's growth and innovation capabilities, leveraging proceeds from the transaction to expand its product offerings and customer base. CEO Dr. Sameer Maskey expressed pride in the company's journey from a small team to a Nasdaq listing, emphasizing the hard work of his team. The newly formed entity will continue to provide enterprise AI solutions across various industries, including healthcare and finance, and is committed to supporting underserved communities through AI education.
Potential Positives
- Fusemachines has successfully completed its business combination with CSLM Acquisition Corp., strengthening its position in the market.
- The company's common stock and warrants will begin trading on the Nasdaq Global Market under the new symbols "FUSE" and "FUSEW," enhancing visibility and accessibility to investors.
- This milestone positions Fusemachines for accelerated growth and innovation, with proceeds expected to fuel product development and customer expansion.
- The leadership team remains intact with experienced executives, including CEO Dr. Sameer Maskey, which can strengthen investor confidence in the company's future direction.
Potential Negatives
- Potential risks associated with the business combination include the possibility of failing to realize the anticipated benefits, which could negatively impact the company's growth and operations.
- The forward-looking statements contained in the release highlight uncertainties and risks, such as economic conditions and the ability to retain key employees, which could undermine investor confidence.
- The inability to maintain the listing of Fusemachines' securities on Nasdaq following the business combination poses a significant risk to the company's market presence and credibility.
FAQ
What is the recent announcement by Fusemachines?
Fusemachines has announced its business combination with CSLM Acquisition Corp, becoming a publicly-traded company listed on Nasdaq.
What symbols will Fusemachines' stock trade under?
Fusemachines' common stock will trade under the symbol "FUSE," while its warrants will trade under "FUSEW."
What is the mission of Fusemachines?
Fusemachines aims to democratize AI, expanding access to advanced artificial intelligence technologies and education worldwide.
Who leads the combined company of Fusemachines?
The combined company will be led by Sameer Maskey as Chief Executive Officer and Christine Chambers as Chief Financial Officer.
In which industries does Fusemachines operate?
Fusemachines serves multiple industries, including healthcare, finance, retail, manufacturing, and government, providing AI products and services.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
NEW YORK, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Fusemachines Inc. (“Fusemachines” or the “Company”), a global leader of enterprise AI solutions products and services, today announced the completion of its business combination with CSLM Acquisition Corp. (Nasdaq: CSLM)(“CSLM”), a publicly-traded special purpose acquisition company. The newly combined entity will operate under the name Fusemachines Inc.
Fusemachines common stock and warrants will begin trading on the Nasdaq Global Market under the symbols “FUSE” and “FUSEW”, respectively, beginning October 23, 2025.
This milestone marks a new chapter in Fusemachines’ mission to democratize AI for all, expanding access to advanced artificial intelligence technologies, education, and innovation across global markets. The company’s public listing positions it to accelerate growth and innovation at scale. Proceeds from the transaction will fuel growth by further developing compelling products, expanding the customer footprint, and supporting the company's enterprise clients.
"Ideating and innovating with a small team to now being listed on Nasdaq, we have come a long way," said Dr. Maskey, CEO of Fusemachines. "This milestone would not have been possible without the incredible team whose dedication and resilience contribute to our global mission. It’s a defining moment for us and a powerful culmination of years of hard work and yet, just the beginning for us."
The combined company will be led by Sameer Maskey as Chief Executive Officer and Christine Chambers as Chief Financial Officer, alongside the Fusemachines executive team. The combined company’s board of directors includes Sameer Maskey, Bharat Krish, Tim Gocher, Sanjay Shrestha, and Salman Alam.
About Fusemachines
Founded in 2013, Fusemachines is a global provider of enterprise AI products and services, on a mission to democratize AI. Leveraging proprietary AI Studio and AI Engines, the company helps drive the clients’ AI Enterprise Transformation, regardless of where they are in their Digital AI journeys. With offices in North America, Asia, and Latin America, Fusemachines provides a suite of enterprise AI offerings and specialty services that allow organizations of any size to implement and scale AI. Fusemachines serves companies in industries such as healthcare, finance, retail, manufacturing, and government.
Fusemachines continues to actively pursue the mission of democratizing AI for the masses by providing high-quality AI education in underserved communities and helping organizations achieve their full potential with AI. To learn about Fusemachines, visit www.fusemachines.com
Forward-Looking Statements
This press release contains certain statements which are not historical facts, which are forward-looking statements within the meaning of the federal securities laws, for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These forward-looking statements include certain statements made with respect to the business combination, including the benefits of the business combination, the services offered by Fusemachines and the markets in which it operates, and Fusemachines’ projected future results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions provided for illustrative purposes only, and projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ materially from the expected results. These risks and uncertainties include, but are not limited to: general economic, political and business conditions; failure to realize the anticipated benefits of the business combination; the risk that the business combination disrupts current plans and operations as a result of the announcement and consummation of the business combination; the ability of the combined company to grow and manage growth profitably and retain its key employees; the inability to maintain the listing of Fusemachines’ securities on Nasdaq following the business combination; costs related to the business combination; and those factors discussed in the final prospectus/proxy statement (File No. 333-283520 and 333-283520-01), dated July 1, 2025, and filed with the Securities and Exchange Commission (the “SEC”) by Fusemachines and CSLM Holdings, Inc. on July 3, 2025 and, in subsequent filings and reports made with the SEC, from time to time. While Fusemachines may elect to update these forward-looking statements at some point in the future, Fusemachines specifically disclaims any obligation to do so.
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