Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 360

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1A
Chunk 360
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 one reportable segment.

F-24

The CODM assesses performance for the single segment
and decides how to allocate resources based on net income or loss that also is reported on the statements of operations as net income
or loss. The measure of segment assets is reported on the balance sheets as total assets. When evaluating the Company’s performance
and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total
assets, which include the following:

    For the 
Year Ended 
December 31, 
2024  
    For the 
Year Ended  December 31, 
2023 
  
    Cash held in Trust Account 
    $28,123,011  
    $49,857,596 
  
    Cash 
    $5,303  
    $3,541 

    For the 
Year Ended 
December 31, 
2024  
    For the 
Year Ended  December 31, 
2023 
  
    General and administrative costs 
    $1,572,590  
    $3,560,335 
  
    Interest earned on investments held in Trust Account 
    $1,276,948  
    $3,026,074 

The CODM reviews interest earned on investments
held in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust
Account funds while maintaining compliance with the Trust Agreement.

General and administrative expenses are reviewed
and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business combination or similar
transaction within the business combination period. The CODM also reviews general and administrative costs to manage, maintain and enforce
all contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative costs, as reported on
the statements of operations, are the significant segment expenses provided to the CODM on a regular basis.

All other segment items included in net income
or loss are reported on the statements of operations and described within their respective disclosures.

Note 10 — Subsequent Events

The Company evaluated subsequent events and transactions
that occurred after the balance sheet date up to the date that the financial statements were issued. Based on this review, other as described
below, the Company determined no events have occurred that would require adjustments to the disclosures in the financial statements.

On January 27, 2025, the Company held the Shareholder
Meeting (A) to amend, by way