Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 627

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 2
Chunk 627
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 dispositive
control over any of the securities held by the Sponsor, even those in which he or she directly holds a pecuniary interest. Accordingly,
none of them will be deemed to have or share beneficial ownership of such securities.

(2)The business address of each of the following entities and individuals is 200 Park Avenue, 32nd Floor, New York, New York 10166.

(3)Interests shown consist solely of founder shares, classified as Class B ordinary shares. The Class B ordinary shares will automatically
convert into Class A ordinary shares at the time of our Business Combination.

(4)Includes 38,750 shares of Class B ordinary shares beneficially owned directly by Ms. Schepanek.

(5)Includes 38,750 shares of Class B ordinary shares beneficially owned directly by Mr. Faass.

(6)Includes 38,750 shares of Class B ordinary shares beneficially owned directly by Mr. Stefanowski.

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Our Sponsor and our team have entered into an agreement with us, pursuant
to which they have agreed to waive their redemption rights with respect to their founder shares and any public shares purchased during
or after the IPO in connection with (i) the completion of our Business Combination and (ii) a shareholder vote to approve an amendment
to our amended and restated memorandum and articles of association (A) that would modify the substance or timing of our obligation to
provide holders of our Class A ordinary shares the right to have their shares redeemed in connection with our Business Combination or
to redeem 100% of our public shares if we do not complete our Business Combination by the Termination Date, or (B) with respect to any
other provision relating to the rights of holders of our Class A ordinary shares or pre-Business Combination activity. Further, our Sponsor
and each member of our team have agreed to vote their founder shares and public shares purchased during or after the IPO in favor of our
Business Combination.

Our Sponsor is deemed to be our “promoter” as such term
is defined under the federal securities laws.

Transfers of Founder Shares and Private Placement Warrants

The founder shares, private placement warrants and any Class A ordinary
shares issued upon conversion or exercise thereof are each subject to transfer restrictions pursuant to lock-up provisions in the agreement
entered into by our Sponsor and our team. Our Sponsor and our team have agreed not to transfer, assign or sell (i) any of their founder
shares until the earliest of (A) one year after