Company: CSTAF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001213900-25-002661
Chunk: 90

Company: Constellation Acquisition Corp I
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 90
---
, legal or tax advice to any shareholder. We once again urge you to consult with your tax adviser to determine the particular tax consequences to you (including the application and effect of any U.S. federal, state, local or foreign income or other tax laws) of the receipt of cash in exchange for shares in connection with the Extension Amendment Proposal or the Founder Share Amendment Proposal and any redemption of your Public Shares. 42 Business of Constellation and Certain Information About Constellation References in this section to “we,” “our,” or “us” refer to Constellation Acquisition Corp I. General We are a blank check company incorporated as an exempted company in the Cayman Islands on November 20, 2020 formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other similar Business Combination with one or more businesses or entities. We are an early stage and emerging growth company and, as such, we are subject to all of the risk associated with early stage and emerging growth companies. Initial Public Offering and Private Placement On January 29, 2021, we consummated our Initial Public Offering of 31,000,000 Units, including the issuance of 1,000,000 additional Units as a result of the underwriters’ partial exercise of their over -allotmentoption, at $10.00 per Unit, generating gross proceeds of $310,000,000. The securities in the offering were registered under the Securities Act on a registration statement on Form S -1(No. 333 -251974). The SEC declared the registration statement effective on January 26, 2021. Simultaneously with the closing of our Initial Public Offering, we consummated the sale of 5,466,667 Private Placement Warrants to the Sponsor at a price of $1.50 per Private Placement Warrant, generating gross proceeds of $8,200,000. Following the closing of our Initial Public Offering on January 29, 2021, an amount of $310,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units in our Initial Public Offering and the sale of the Private Placement Warrants were placed in a Trust Account, and invested in U.S. government securities, within the meaning set forth in the Investment Company Act, with a maturity of 185 days or less, or in any open -endedinvestment company that holds itself out as a money market fund investing solely in U.S. Treasuries