Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 1522

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 9A
Chunk 1522
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    Due to related party 
     240,000  
     120,000 
  
    Promissory notes – related party 
     1,592,208  
     227,208 
  
    Convertible promissory note - related party 
     3,181,000  
     3,131,000 
  
    Total current liabilities 
     8,816,070  
     6,558,866 
  
    Deferred underwriting fee 
     10,850,000  
     10,850,000 
  
    Warrant liabilities 
     252,800  
     300,199 
  
    Total Liabilities 
     19,918,870  
     17,709,065 

    Commitments and Contingencies (Note 6) 

    Class A ordinary shares subject to possible redemption, 2,367,684 and 4,493,843 shares at redemption value at approximately $11.88 and $11.09 per share as of and December 31, 2024 and 2023, respectively 
     28,123,011  
     49,857,596 

    Shareholders’ Deficit: 

    Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding as of December 31, 2024 and 2023 
     —  
     — 
  
    Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 7,600,000 and no shares issued and outstanding (excluding 2,367,684 and 4,493,843 shares subject to possible redemption) as of December 31, 2024 and 2023, respectively 
     760  
     — 
  
    Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 150,000 and 7,750,000 shares issued and outstanding as of December 31, 2024 and 2023, respectively 
     15  
     775 
  
    Additional paid-in capital 
     —  
     — 
  
    Accumulated deficit 
     (19,858,079) 
     (17,672,888)
  
    Total Shareholders’ Def