Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 12

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1
Chunk 12
---
 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.

6

We are not currently a party to any arrangement or understanding with
any third-party with respect to raising any additional funds through the sale of securities, the incurrence of debt or otherwise.

Sources of Target Businesses

Our process of identifying acquisition targets will leverage our team’s
unique industry experiences, proven deal sourcing capabilities and broad and deep network of relationships in numerous industries, including
executives and management teams, private equity groups and other institutional investors, large business enterprises, lenders, investment
bankers and other investment market participants, restructuring advisers, consultants, attorneys and accountants, which we believe should
provide us with a number of Business Combination opportunities. We expect that the collective experience, capability and network of our
founders, directors and officers, combined with their individual and collective reputations in the investment community, will help to
create prospective Business Combination opportunities.

In addition, we anticipate that target business candidates may be
brought to our attention from various unaffiliated sources, including investment bankers and private investment funds. Target businesses
may be brought to our attention by such unaffiliated sources as a result of being solicited by us through calls or mailings. These sources
may also introduce us to target businesses in which they think we may be interested on an unsolicited basis, since many of these sources
will have read this Annual Report and know what types of businesses we are pursuing. Our officers and directors, as well as their affiliates,
may also bring to our attention target business candidates of which they become aware through their business contacts as a result of
formal or informal inquiries or discussions they may have, as well as attending trade shows or conventions.

We may engage professional firms or other individuals that specialize
in business acquisitions, in which event we may pay a finder’s fee, consulting fee or other compensation to be determined in an
arm’s length negotiation based on the terms of the transaction. We will engage a finder only to the extent our team determines
that the use of a finder may bring opportunities to us that may not otherwise be available to us or if finders approach us on an unsolicited
basis with a potential transaction that our team