Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 1128

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 7
Chunk 1128
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 financial
statements (auditor discussion and analysis) and (iv) disclose certain executive compensation related items such as the correlation between
executive compensation and performance and comparisons of the CEO’s compensation to median employee compensation. These exemptions
will apply for a period of five years following the completion of our Initial Public Offering or until we are no longer an “emerging
growth company,” whichever is earlier.

Item 7A. Quantitative and Qualitative
Disclosures about Market Risk

On January 27, 2023, we liquidated the U.S. government treasury obligations
or money market funds held in the Trust Account. The funds in the Trust Account are maintained in cash in an interest-bearing demand deposit
account at a bank until the earlier of our initial Business Combination or our liquidation. Interest on such deposit account is currently
approximately 2.5% - 3.0% per anum, but such deposit account carries a variable rate, and we cannot assure you that such rate will not
decrease or increase significantly.

Item 8. Financial Statements and Supplementary
Data

This information appears following Item 15 of this Annual Report and
is included herein by reference.

Item 9. Changes in and Disagreements
with Accountants on Accounting and Financial Disclosure

None.

Item 9A. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Disclosure controls are procedures that are designed with the objective
of ensuring that information required to be disclosed in our reports filed under the Exchange Act is recorded, processed, summarized,
and reported within the time period specified in the SEC’s rules and forms. Disclosure controls are also designed with the objective
of ensuring that such information is accumulated and communicated to our management, including the chief executive officer and chief financial
officer, as appropriate to allow timely decisions regarding required disclosure.

Under the supervision and with the participation of our management,
including our principal executive officer and principal financial and accounting officer, we conducted an evaluation of the effectiveness
of our disclosure controls and procedures as of the end of the fiscal year ended December 31, 2024, as such term is defined in Rules 13a-15(e)
and 15d-15(e) under the Exchange Act. Based on this evaluation, our principal executive officer and principal financial and accounting
officer have concluded that during the period covered by this Annual Report, our disclosure controls and procedures were effective. Accordingly,
management believes that the financial statements included in this Annual Report present fairly in all material respects our financial