Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 645

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 2
Chunk 645
---
) 
     (4,826,074)
  
    Net loss 
     —  
     —  
     —  
     —  
     —  
     (360,460) 
     (360,460)
  
    Balance as of December 31, 2023 
     —  
    $—  
     7,750,000  
    $775  
    $—  
    $(17,672,888) 
    $(17,672,113)
  
    Accretion of Class A ordinary shares subject to redemption 
     —  
     —  
     —  
        —  
         —  
     (1,936,948) 
     (1,936,948)
  
    Conversion of Class B ordinary shares to Class A ordinary shares 
     7,600,000  
     760  
     (7,600,000) 
     (760) 
     —  
     —  
     — 
  
    Net loss 
     —  
     —  
     —  
     —  
     —  
     (248,243) 
     (248,243)
  
    Balance as of December 31, 2024 
     7,600,000  
    $760  
     150,000  
    $15  
    $       —  
    $(19,858,079) 
    $(19,857,304)

The accompanying notes are an integral part of
these financial statements.

F-5

CONSTELLATION ACQUISITION CORP I
STATEMENTS OF CASH FLOWS

    For the Years
    Ended December 31, 

    2024  
    2023 
  
    Cash Flows from Operating Activities: 

    Net loss 
    $(248,243) 
    $(360,460)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Interest earned on cash held in Trust Account 
     (1,276,948) 
     (3,026,074)
  
    Change in fair value of warrant liability 
     (47,399) 
     (173,801)
  
    Changes in operating assets and liabilities: