Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 30

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1
Chunk 30
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 interest of any kind to or in the Trust Account. In
the event we seek shareholder approval in connection with our Business Combination, a shareholder’s voting in connection with the
Business Combination alone will not result in a shareholder’s redeeming its shares to us for an applicable pro rata share of the
Trust Account. Such shareholder must have also exercised its redemption rights described above. These provisions of our amended and restated
memorandum and articles of association, like all provisions of our amended and restated memorandum and articles of association, may be
amended with a shareholder vote.

Conflicts of Interest

Any of our officers and directors may have additional fiduciary or
contractual obligations to another entity pursuant to which such officer or director is or will be required to present a Business Combination
opportunity to such entity.

16

Accordingly, if any of our officers or directors becomes aware of a
Business Combination opportunity which is suitable for an entity to which he or she has a current fiduciary or contractual obligations,
he or she will honor his or her fiduciary or contractual obligations to present such Business Combination opportunity to such entity,
subject to their fiduciary duties under Cayman Islands law. Our amended and restated memorandum and articles of association provide that,
to the fullest extent permitted by applicable law: (i) no individual serving as a director or an officer shall have any duty, except and
to the extent expressly assumed by contract, to refrain from engaging directly or indirectly in the same or similar business activities
or lines of business as us; and (ii) we renounce any interest or expectancy in, or in being offered an opportunity to participate in,
any potential transaction or matter which may be a corporate opportunity for any director or officer on the one hand, and us, on the other.
We do not believe, however, that the fiduciary duties or contractual obligations of our officers or directors will materially affect our
ability to complete our Business Combination.

Facilities

We currently maintain our executive offices at 200 Park Avenue, 32nd
Floor New York, NY, 10166. The cost for our use of this space is included in the fee of up to $10,000 per month fee that we pay to our
Sponsor for office space, administrative and support services. We consider our current office space adequate for our current operations.

Employees

We currently have four executive officers. These individuals are not
obligated to devote any specific number of hours to our matters but they intend