Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 80

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1
Chunk 80
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 abilities we suspected. Should the target business’s management not possess
the skills, qualifications or abilities necessary to manage a public company, the operations and profitability of the post-combination
business may be negatively impacted. Accordingly, any holders who choose to retain their securities following our Business Combination
could suffer a reduction in the value of their securities. Such holders are unlikely to have a remedy for such reduction in value.

The officers and directors of an acquisition candidate
may resign upon completion of our Business Combination. The loss of a Business Combination target’s key personnel could negatively
impact the operations and profitability of our post-combination business.

The role of an acquisition candidate’s key personnel upon the
completion of our Business Combination cannot be ascertained at this time. Although we contemplate that certain members of an acquisition
candidate’s management team will remain associated with the acquisition candidate following our Business Combination, it is possible
that members of the management of an acquisition candidate will not wish to remain in place.

44

Our executive officers and directors will allocate their
time to other businesses thereby causing conflicts of interest in their determination as to how much time to devote to our affairs. This
conflict of interest could have a negative impact on our ability to complete our Business Combination.

Our executive officers and directors are not required to, and will
not, commit their full time to our affairs, which may result in a conflict of interest in allocating their time between our operations
and our search for a Business Combination and their other businesses. We do not intend to have any full-time employees prior to the completion
of our Business Combination. Each of our executive officers is engaged in several other business endeavors for which he may be entitled
to substantial compensation, and our executive officers are not obligated to contribute any specific number of hours per week to our affairs.
Our independent directors also serve as officers and board members for other entities. If our executive officers’ and directors’
other business affairs require them to devote substantial amounts of time to such affairs in excess of their current commitment levels,
it could limit their ability to devote time to our affairs which may have a negative impact on our ability to complete our Business Combination.
For a complete discussion of our executive officers’ and directors’ other business affairs, please see “Management-Officers,
Directors and Director Nominees.”

Our officers and directors presently have, and any of them
in the future may have additional, fiduciary or contractual obligations to other entities, including another blank check company, and,
accordingly, may have