Company: CSTAF
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074972
Chunk: 19

Company: Constellation Acquisition Corp I
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 the Russian Federation and Belarus
commenced a military action with the country of Ukraine. As a result of this action, various nations, including the United States, have
instituted economic sanctions against the Russian Federation and Belarus. Further, the impact of this action and related sanctions on
the world economy is not determinable as of the date of these unaudited condensed financial statements. The specific impact on the Company’s
financial condition, results of operations, and cash flows is also not determinable as of the date of these unaudited condensed financial
statements.

In October 2023, the Israel-Hamas war commenced.
As a result of the war, instability in the Middle East and various other regions of the world may occur and effect the world economy.
Various nations, including the United States, as a reaction to the Israel-Hamas war have begun taking actions that may further affect
the world economy. Such effects on the world economy are not determinable as of the date of these unaudited condensed financial statements.
The specific impact on the Company’s financial condition, results of operations and cash flows is also not determinable as of the
date of these unaudited condensed financial statements.

In 2024 there have been growing tensions between
China and Taiwan. As a result of these growing tensions and the potential for it to grow into a conflict, instability in Asia and various
other regions of the world may occur and effect the world economy and relationships between trading nations. Various nations, including
the United States, may take actions that may further affect the world economy as a result of such tensions. Such effects on the world
economy are not determinable as of the date of these unaudited condensed financial statements. The specific impact on the Company’s
financial condition, results of operations and cash flows is also not determinable as of the date of these unaudited condensed financial
statements.

Liquidity and Going Concern Consideration

As of June 30, 2025, the Company had $4,905 in
its operating bank account and a working capital deficit of $6,283,278, net of the convertible promissory note – related party.
Convertible promissory note - related party amounting to $3,181,000 is not expected to be settled out of the current assets.

The Company is within 12 months of its mandatory
liquidation as of the time of filing this Quarterly Report on Form 10-Q (the “Quarterly Report”). In connection with the Company