Company: CSTAF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001213900-25-002661
Chunk: 62

Company: Constellation Acquisition Corp I
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 62
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, if any); and (iii) as promptly as reasonably possible following such redemption, subject to the approval of Constellation’s remaining shareholders and the Board, liquidate and dissolve, subject in each case to Constellation’s obligations under Cayman Islands law to provide for claims of creditors and other requirements of applicable law. There will be no distribution from the Trust Account with respect to Constellation’s Warrants, which will expire worthless in the event Constellation dissolves and liquidates the Trust Account. The Initial Shareholders have waived their rights to participate in any liquidation distribution with respect to the 7,750,000 Ordinary Shares held by them. If the Extension Amendment Proposal is Approved If the Extension Amendment Proposal is approved, Constellation shall procure that all filings required to be made with the Registrar of Companies of the Cayman Islands in connection with the Extension Amendment Proposal to extend the time it has to complete a Business Combination until the Articles Extension Date are made. Constellation will then continue to attempt to consummate a Business Combination until the Articles Extension Date. Constellation will remain a reporting company under the Exchange Act and its Class A Ordinary Shares and Public Warrants will remain publicly traded during this time. Interests of the Sponsor and Constellation’s Directors and Officers When you consider the recommendation of the Board, Constellation shareholders should be aware that aside from their interests as shareholders, the Sponsor and certain members of the Board and officers of Constellation have interests that are different from, or in addition to, those of other shareholders generally. The Board was aware of and considered these interests, among other matters, in recommending to Constellation shareholders that they approve the Extension Amendment Proposal. Constellation shareholders should take these interests into account in deciding whether to approve the Extension Amendment Proposal: •the fact that the Sponsor paid $8,200,000 for 5,466,667 Private Placement Warrants, each of which is exercisable commencing on the later of 12 months from the closing of our Initial Public Offering and 30 days following the closing of a Business Combination for one Class A Ordinary Share at $11.50 per share; if the Extension Amendment Proposal is not approved and we do not consummate a Business Combination by January29, 2026, then the proceeds from the sale of the Private Placement Warrants will be part of the liquidating distribution to the public shareholders and the warrants held by our Sponsor will be worthless; •the fact that the Initial Shareholders, including the Sponsor (and certain of Constellation’s officers and directors who are members of