Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 2226

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 8
Chunk 2226
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in any other context. Furthermore, in no event will our Sponsor or any of our existing officers or directors, or any of their respective
affiliates, be paid by us any finder’s fee, consulting fee or other compensation prior to, or for any services they render in order
to effectuate, the completion of our Business Combination. Further, commencing on the date our securities are first listed on NYSE, we
will also reimburse our Sponsor for office space, secretarial and administrative services provided to us, and other obligations of our
Sponsor, in the amount of up to $10,000 per month.

We cannot assure you that any of the above mentioned
conflicts will be resolved in our favor.

If we seek shareholder approval, we will complete our Business Combination
only if we receive approval pursuant to an ordinary resolution under Cayman Islands law, which requires the affirmative vote of a majority
of the shareholders who attend and vote at a general meeting of the company. In such case, our Sponsor and each member of our team have
agreed to vote their founder shares and public shares purchased during or after the IPO in favor of our Business Combination.

Item 11. Executive Compensation.

None of our officers or directors have received or, prior to our Business
Combination, will receive any cash compensation for services rendered to us, other than $25,000 that was paid to each of our independent
directors in 2023 for their role on a special committee to consider a potential business combination. We paid our Old Sponsor, and following
the Extension, we pay our Sponsor up to $10,000 per month for office space, administrative and support services. Our Sponsor, officers
and directors, or any of their respective affiliates, will be reimbursed for any out-of-pocket expenses incurred in connection with activities
on our behalf such as identifying potential target businesses and performing due diligence on suitable Business Combinations. Our audit
committee will review on a quarterly basis all payments that were made to our Sponsor, officers, directors or our or any of their affiliates.

After the completion of our Business Combination, directors or members
of our management team who remain with us may be paid consulting, management or other compensation from the combined company. All compensation
will be fully disclosed to shareholders, to the extent then known, in the tender offer materials or proxy solicitation materials furnished
to our shareholders in connection with a proposed Business Combination. It is unlikely the amount of such compensation will be known at
the time, because the