Company: CSTAF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110128
Chunk: 146

Company: Constellation Acquisition Corp I
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 2
Chunk 146
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,678.12
(the remaining trust balance), was placed in a U.S.-based trust account at Citibank, N.A., maintained by CST, acting as trustee.

In connection with the closing of the transactions
contemplated by the Investment Agreement, on January 26, 2023, the Old Sponsor underwent a reorganization pursuant to which the limited
partners of the Old Sponsor transferred all of their limited partnership interests to the Sponsor. On January 26, 2023, the Old Sponsor
was liquidated pursuant to applicable law by the retirement of the general partner of the Old Sponsor (the second to last partner of
the Sponsor) and all Securities held by the Old Sponsor were distributed by operation of law to its sole remaining limited partner, the
Sponsor, following which, on January 30, 2023, control of the Old Sponsor was transferred to affiliates of Antarctica Capital Partners,
LLC.

On December 20, 2023, the board approved the
voluntary delisting of its Class A ordinary shares, Public Warrants and Units from the NYSE, and on January 16, 2024, the Company began
trading its Class A ordinary shares and Units on OTCQB under the symbols “CSTAF” and “CSTUF,” respectively, and
its Public Warrants on the OTC Venture under the symbol “CSTWF.”

On January 29, 2024, the Company held the 2024
Shareholder Meeting (A) to amend, by way of special resolution, the Company’s amended and restated memorandum and articles of association
to extend the Termination Date by which the Company has to consummate a Business Combination from January 29, 2024 to February 29, 2024
and to allow the Company, without another shareholder vote, to elect to extend the Termination Date to consummate a Business Combination
on a monthly basis for up to eleven times by an additional one month each time after the 2024 Articles Extension Date, by resolution
of the directors, if requested by the Sponsor, and upon five days’ advance notice prior to the applicable Termination Date, until
January 29, 2025, or a total of up to twelve months after the 2024 Original Termination Date, unless the closing of a Business Combination
shall have occurred prior thereto; and (B) to amend, by way of special resolution, the Company’s amended and restated memorandum
and articles of association