Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 215

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1A
Chunk 215
---
 diversify our operations or benefit from the possible spreading of risks or offsetting of losses, unlike other entities which
may have the resources to complete several Business Combinations in different industries or different areas of a single industry. Accordingly,
the prospects for our success may be:

●solely dependent upon the performance of a single business, property or asset; or

●dependent upon the development or market acceptance of a single or limited number of products, processes or services.

24

This lack of diversification may subject us to numerous economic, competitive
and regulatory risks, any or all of which may have a substantial adverse impact upon the particular industry in which we may operate subsequent
to our Business Combination.

We may attempt to simultaneously complete Business Combinations
with multiple prospective targets, which may hinder our ability to complete our Business Combination and give rise to increased costs
and risks that could negatively impact our operations and profitability.

If we determine to simultaneously acquire several businesses that are
owned by different sellers, we will need for each of such sellers to agree that our purchase of its business is contingent on the simultaneous
closings of the other Business Combinations, which may make it more difficult for us, and delay our ability, to complete our Business
Combination. With multiple Business Combinations, we could also face additional risks, including additional burdens and costs with respect
to possible multiple negotiations and due diligence (if there are multiple sellers) and the additional risks associated with the subsequent
assimilation of the operations and services or products of the acquired companies in a single operating business. If we are unable to
adequately address these risks, it could negatively impact our profitability and results of operations.

We may attempt to complete our Business Combination with
a private company about which little information is available, which may result in a Business Combination with a company that is not as
profitable as we suspected, if at all.

In pursuing our acquisition strategy, we may seek to effectuate our
Business Combination with a privately held company. Very little public information generally exists about private companies, and we could
be required to make our decision on whether to pursue a potential Business Combination on the basis of limited information, which may
result in a Business Combination with a company that is not as profitable as we suspected, if at all.

Because we must furnish our shareholders with target business
financial statements, we may lose the ability to complete an otherwise advantageous Business Combination with some prospective target
businesses.

The federal proxy rules require that a proxy statement with respect