Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 4

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1
Chunk 4
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 in our Trust Account was $26,415,545.

On January 30, 2024, the Sponsor converted an aggregate of 7,600,000
Class B ordinary shares into Public Shares on a one-for-one basis. The Sponsor waived any right to receive funds from the Company’s
Trust Account with respect to the Public Shares received upon such conversion and acknowledged that such shares will be subject to all
of the restrictions applicable to the original Class B ordinary shares under the terms of the letter agreement. As of the date of this
Annual Report, there are 7,664,302 Class A ordinary shares outstanding.

2

On January 27, 2025, the Company held an extraordinary general meeting
of shareholders (the “2025 Shareholder Meeting”) (A) to amend, by way of special resolution, the Company’s amended
and restated memorandum and articles of association (the “2025 Articles Amendment”) to extend the date by which the Company
has to consummate a business combination from January 29, 2025 (the “2025 Termination Date”) to February 28, 2025 and to
allow the Company, without another shareholder vote, to elect to extend the Termination Date to consummate a business combination on
a monthly basis for up to eleven times by an additional one month each time after the 2025 Articles Extension Date, by resolution of
the Company’s board of directors, if requested by Constellation Sponsor LP, a Delaware limited partnership (the “Sponsor”),
and upon five days’ advance notice prior to the applicable Termination Date, until January 29, 2026, or a total of up to twelve
months after the Original Termination Date, unless the closing of a business combination shall have occurred prior thereto (the “2025
Extension Amendment Proposal”); (B) to amend, by way of special resolution, the Company’s Memorandum and Articles of Association
to permit for the issuance of Class A ordinary shares to holders of the Company’s Class B ordinary shares, upon the exercise
of the right of a holder of the Class B ordinary shares to convert such holder’s Class B ordinary shares into Class A
ordinary shares on a one-for-one basis at any time and from time to time prior to the closing of an initial business combination at the
election of the holder (the “Founder Share Amendment,” and such proposal the “Founder Share Amendment Proposal”).The
shareholders of the Company approved the