This bug happens with 2.44 and 2.47.
$ cat build.lisp
(defun main () (format t "Args: ~A~%" *args*) (exit))
(saveinitmem "myclisp" :init-function #'main :executable t)
$ clisp build.lisp 1 2 3
$ ./myclisp
Args: (1 2 3)
$ ./myclisp 5
Args: (5 1 2 3)
$ ./myclisp 5 5
Args: (5 5)
thank you for your bug report.
the bug has been fixed in the CVS tree.
you can either wait for the next release (recommended)
or check out the current CVS tree (see http://clisp.cons.org\)
and build CLISP from the sources (be advised that between
releases the CVS tree is very unstable and may not even build
on your platform).