Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 697

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 3
Chunk 697
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 we received from our initial public
offering and the sale of the private placement warrants, a total of $310,000,000, including $10,850,000 payable to the underwriter for
deferred underwriting commissions, was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company,
acting as trustee.

There has been no material change in the planned use of proceeds from
such use as described in the company’s final prospectus (File No. 333- 251974), dated January 26, 2021, which was declared effective
by the SEC on January 28, 2021.

55

(g) Purchases of Equity Securities by the Issuer and Affiliated
Purchasers

On January 27, 2023, we held the 2023 Shareholder Meeting to, in part,
amend our amended and restated memorandum and articles of association to extend the date by which we have to consummate a Business Combination.
In connection with that vote, the holders of 26,506,157 Class A ordinary shares of the Company properly exercised their right to redeem
their shares for an aggregate price of approximately $10.167 per share, for an aggregate redemption amount of $269,485,746. After the
satisfaction of such redemptions, the balance in our Trust Account was $46,138,503.

On January 29, 2024, we held the 2024 Shareholder Meeting to, in part,
amend our amended and restated memorandum and articles of association to extend the date by which we have to consummate a Business Combination.
In connection with that vote, the holders of 2,126,159 Class A ordinary shares of the Company properly exercised their right to redeem
their shares for an aggregate price of approximately $11.13 per share, for an aggregate redemption amount of $23,671,533. After the satisfaction
of such redemptions, the balance in our Trust Account was $26,415,545.

On January 27, 2025, we held the 2025 Shareholder Meeting to, in part,
amend our amended and restated memorandum and articles of association to extend the date by which we have to consummate a Business Combination.
In connection with that vote, the holders of 2,303,382 Class A ordinary shares properly exercised their right to redeem their shares for
cash at a redemption price of approximately $11.91 per share, for an