Company: CSTAF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001213900-25-002661
Chunk: 95

Company: Constellation Acquisition Corp I
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 95
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 % |     |                       — |     |           — |   |     |           * |   |
| Heiko Faass(2)(3)(5)                                  |     |                  38,750 |     |       25.83 | % |     |                       — |     |           — |   |     |           * |   |
| Bob Stefanowski(2)(3)(6)                              |     |                  38,750 |     |       25.83 | % |     |                       — |     |           — |   |     |           * |   |
| All Officers and Directors as a group (6 individuals) |     |                 116,250 |     |       77.50 | % |     |                       — |     |           — |   |     |           * |   |

____________ *Less than one percent. (1)In connection with the closing of the transactions contemplated by the Investment Agreement, on January 26, 2023, Constellation Sponsor GmbH & Co. KG, a German limited partnership (the “ Old Sponsor”), underwent a reorganization pursuant to which the limited partners of the Old Sponsor transferred all of their limited partnership interests to the Sponsor. On January 26, 2023, the Old Sponsor was liquidated pursuant to applicable law by the retirement of the general partner of the Old Sponsor (the second to last partner of the Old Sponsor) and all securities held by the Old Sponsor were distributed by operation of law to its sole remaining limited partner, the Sponsor, following which, on January 30, 2023, control of the Old Sponsor was transferred to affiliates of Antarctica Capital Partners, LLC, including Antarctica Endurance Manager, LLC. Antarctica Endurance Manager, LLC, is the general partner of the Sponsor. There are three managers of Antarctica Endurance Manager, LLC. Each manager has one vote, and the approval of a majority is required to approve an action of Antarctica Endurance Manager, LLC. Under the so -called“rule of three,” if voting and dispositive decisions regarding an entity’s securities are made by three or more individuals, and a voting or dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity’s securities. This is the situation with regards to Antarctica Endurance Manager, LLC. Based upon the foregoing analysis, no individual manager of Antarctica Endurance Manager, LLC exercises voting or dispositive control over any of the securities held by the Sponsor, even