Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 79

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1
Chunk 79
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 some of our key personnel may remain with the target business in senior management or advisory positions following our Business
Combination, it is likely that some or all of the management of the target business will remain in place. While we intend to closely scrutinize
any individuals we engage after our Business Combination, we cannot assure you that our assessment of these individuals will prove to
be correct. These individuals may be unfamiliar with the requirements of operating a company regulated by the SEC, which could cause us
to have to expend time and resources helping them become familiar with such requirements.

Our key personnel may negotiate employment or consulting
agreements with a target business in connection with a particular Business Combination, and a particular Business Combination may be conditioned
on the retention or resignation of such key personnel. These agreements may provide for them to receive compensation following our Business
Combination and as a result, may cause them to have conflicts of interest in determining whether a particular Business Combination is
the most advantageous.

Our key personnel may be able to remain with our company after the
completion of our Business Combination only if they are able to negotiate employment or consulting agreements in connection with the Business
Combination. Such negotiations would take place simultaneously with the negotiation of the Business Combination and could provide for
such individuals to receive compensation in the form of cash payments and/or our securities for services they would render to us after
the completion of the Business Combination. Such negotiations also could make such key personnel’s retention or resignation a condition
to any such agreement. The personal and financial interests of such individuals may influence their motivation in identifying and selecting
a target business. In addition, pursuant to an agreement entered into prior to the closing of the IPO, our Sponsor, upon and following
consummation of a Business Combination, will be entitled to nominate three individuals for election to our board of directors, as long
as the Sponsor holds any securities covered by the registration and shareholder rights agreement.

We may have a limited ability to assess the management
of a prospective target business and, as a result, may affect our Business Combination with a target business whose management may not
have the skills, qualifications or abilities to manage a public company.

When evaluating the desirability of effecting our Business Combination
with a prospective target business, our ability to assess the target business’s management may be limited due to a lack of time,
resources or information. Our assessment of the capabilities of the target business’s management, therefore, may prove to be incorrect
and such management may lack the skills, qualifications or