Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 11

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1
Chunk 11
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 transaction requires more cash than is available from the proceeds held in our Trust Account, or because
we become obligated to redeem a significant number of our public shares upon completion of the Business Combination, in which case we
may issue additional securities or incur debt in connection with such Business Combination. There are no prohibitions on our ability
to issue securities or incur debt in connection with our Business Combination.

On January 27, 2023, we held the 2023 Shareholder Meeting to, in part,
amend our amended and restated memorandum and articles of association to extend the date by which we have to consummate a Business Combination.
In connection with that vote, the holders of 26,506,157 Class A ordinary shares properly exercised their right to redeem their shares
for an aggregate price of approximately $10.167 per share, for an aggregate redemption amount of approximately $269,485,746. After the
satisfaction of such redemptions, the balance in our Trust Account was approximately $46,138,503. On January 29, 2024, we held the 2024
Shareholder Meeting to, in part, amend our amended and restated memorandum and articles of association to extend the date by which we
have to consummate a Business Combination. In connection with that vote, the holders of 2,126,159 Class A ordinary shares properly exercised
their right to redeem their shares for an aggregate price of approximately $11.13 per share, for an aggregate redemption amount of approximately
$23,671,533. After the satisfaction of such redemptions, the balance in our Trust Account was approximately $26,415,545. On January 27,
2025, we held the 2025 Shareholder Meeting to, in part, amend our amended and restated memorandum and articles of association to extend
the date by which we have to consummate a Business Combination. In connection with that vote, the holders of 2,303,382 Class A ordinary
shares properly exercised their right to redeem their shares for an aggregate price of approximately $11.91 per share, for an aggregate
redemption amount of approximately $27,428,399. After the satisfaction of such redemptions, the balance in our Trust Account was approximately
$778,970.65. On January 30, 2024, the Sponsor converted an aggregate of 7,600,000 Class B ordinary shares into Public Shares on a one-for-one
basis. The Sponsor waived any