Company: CSTAF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001213900-25-002661
Chunk: 59

Company: Constellation Acquisition Corp I
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 59
---
 However, holders of Public Shares may elect to have their shares redeemed in connection with the adoption of the Extension Amendment Proposal and the Founder Share Amendment Proposal, as described under “Redemption Rights” above. Proxy Solicitation Costs Constellation is soliciting proxies on behalf of the Board. This proxy solicitation is being made by mail, but also may be made by telephone or in person. Constellation has engaged Sodali & Co to assist in the solicitation of proxies for the Shareholder Meeting. Constellation and its directors, officers and employees may also solicit proxies in person. Constellation will ask banks, brokers and other institutions, nominees and fiduciaries to forward this proxy statement and the related proxy materials to their principals and to obtain their authority to execute proxies and voting instructions. Constellation will bear the entire cost of the proxy solicitation, including the preparation, assembly, printing, mailing and distribution of this proxy statement and the related proxy materials. Constellation will pay Sodali & Co a fee of $10,000, plus disbursements, reimburse Sodali & Co for its reasonable out -of -pocketexpenses and indemnify Sodali & Co and its affiliates against certain claims, liabilities, losses, damages and expenses for its services as Constellation’s proxy solicitor. Constellation will reimburse brokerage firms and other custodians for their reasonable out -of -pocketexpenses for forwarding this proxy statement and the related proxy materials to Constellation shareholders. Directors, officers and employees of Constellation who solicit proxies will not be paid any additional compensation for soliciting. 24 Proposal No. 1 — The Extension Amendment Proposal Overview Constellation is proposing to amend its Memorandum and Articles of Association to extend the date by which Constellation has to consummate a Business Combination to the Articles Extension Date so as to give Constellation additional time to complete a Business Combination. Without the Articles Extension, Constellation believes that Constellation will not be able to complete a Business Combination on or before the Termination Date. If that were to occur, Constellation would be forced to liquidate. As contemplated by the Memorandum and Articles of Association, the holders of Constellation’s Public Shares may elect to redeem all or a portion of their Public Shares in exchange for their pro rata portion of the funds held in the Trust Account if the Articles Extension is implemented. On January7, 2025, the most recent practicable date prior to the date of this proxy statement, the redemption price per share was approximately $11.88,