Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 216

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1A
Chunk 216
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to a vote on our proposed Business Combination include historical and/or pro forma financial statement disclosure. We will include the
same financial statement disclosure in connection with our tender offer documents, whether or not they are required under the tender offer
rules. These financial statements may be required to be prepared in accordance with, or be reconciled to, accounting principles generally
accepted in the United States of America, or GAAP, or international financial reporting standards as issued by the International Accounting
Standards Board, or IFRS, depending on the circumstances and the historical financial statements may be required to be audited in accordance
with the standards of the Public Company Accounting Oversight Board (United States), or PCAOB. These financial statement requirements
may limit the pool of potential target businesses we may acquire because some targets may be unable to provide such statements in time
for us to disclose such statements in accordance with federal proxy rules and complete our Business Combination by the Termination Date.

We may seek Business Combination opportunities with a high
degree of complexity that require significant operational improvements, which could delay or prevent us from achieving our desired results.

We may seek Business Combination opportunities with large, highly complex
companies that we believe would benefit from operational improvements. While we intend to implement such improvements, to the extent that
our efforts are delayed or we are unable to achieve the desired improvements, the Business Combination may not be as successful as we
anticipate.

To the extent we complete our Business Combination with a large complex
business or entity with a complex operating structure, we may also be affected by numerous risks inherent in the operations of the business
with which we combine, which could delay or prevent us from implementing our strategy. Although our team will endeavor to evaluate the
risks inherent in a particular target business and its operations, we may not be able to properly ascertain or assess all of the significant
risk factors until we complete our Business Combination. If we are not able to achieve our desired operational improvements, or the improvements
take longer to implement than anticipated, we may not achieve the gains that we anticipate. Furthermore, some of these risks and complexities
may be outside of our control and leave us with no ability to control or reduce the chances that those risks and complexities will adversely
impact a target business. Such combination may not be as successful as a combination with a smaller, less complex organization.

25

Recent increases in inflation in the United States and
elsewhere could make it more difficult for us to consummate a Business Combination.

Recent increases in inflation in the