Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 35

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1
Chunk 35
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 consummate a Business Combination
by the Termination Date, may give potential target businesses leverage over us in negotiating a Business Combination and may limit the
time we have in which to conduct due diligence on potential Business Combination targets, in particular as we approach our dissolution
deadline, which could undermine our ability to complete our Business Combination on terms that would produce value for our shareholders.

Any potential target business with which we enter into negotiations
concerning a Business Combination will be aware that we must consummate a Business Combination by the Termination Date.

Consequently, such target business may obtain leverage over us in negotiating
a Business Combination, knowing that if we do not complete our Business Combination within the required time period with that particular
target business, we may be unable to complete our Business Combination with any target business. This risk will increase as we get closer
to the timeframe described above. In addition, we may have limited time to conduct due diligence and may enter into our Business Combination
on terms that we would have rejected upon a more comprehensive investigation.

19

We depend on a variety of U.S. and multi-national financial
institutions to provide us with banking services. The default or failure of one or more of the financial institutions that we rely on
may adversely affect our business and financial condition.

We maintain the majority of our cash and cash equivalents in accounts
with major U.S. and multi-national financial institutions, and our deposits at certain of these institutions exceed insured limits. Market
conditions can impact the viability of these institutions. In the event of the failure of any of the financial institutions where we maintain
our cash and cash equivalents, there can be no assurance that we would be able to access uninsured funds in a timely manner or at all.
Any inability to access or delay in accessing these funds could adversely affect our liquidity, business and financial condition.

Our search for a Business Combination, and any target business
with which we may ultimately consummate a Business Combination, may be materially adversely affected by the geopolitical tensions, including
the conflicts between Russia-Ukraine, Israel-Hamas, rising tensions between China and Taiwan,and subsequent sanctions against individuals
and entities and the status of debt and equity markets, as well as protectionist legislation in our target markets.

U.S. and global markets have experienced, and may continue to experience,
volatility and disruption resulting from geopolitical tensions, including the conflicts between Russia-Ukraine, Israel-Hamas, and rising
China-Taiwan tensions. In response to the invasion of Ukraine by Russia, the United States