Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 1045

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 6
Chunk 1045
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 officers and director nominees will
own ordinary shares or warrants directly or indirectly, they may have a conflict of interest in determining whether a particular target
business is an appropriate business with which to effectuate our Business Combination.

●Our officers, directors and external advisors may have a conflict of interest with respect to evaluating a particular Business Combination
if the retention or resignation of any such officers, directors and advisors was included by a target business as a condition to any agreement
with respect to our Business Combination.

74

We are not prohibited from pursuing a Business Combination or subsequent
transaction with a company that is affiliated with our Sponsor or any member of our team. In the event we seek to complete our Business
Combination with a company that is affiliated with our Sponsor or any of our founders, officers or directors, we, or a committee of independent
directors, will obtain an opinion from an independent investment banking firm or an independent valuation or accounting firm that such
Business Combination or transaction is fair to our company from a financial point of view. We are not required to obtain such an opinion
in any other context. Furthermore, in no event will our Sponsor or any of our existing officers or directors, or any of their respective
affiliates, be paid by us any finder’s fee, consulting fee or other compensation prior to, or for any services they render in order
to effectuate, the completion of our Business Combination. Further, commencing on the date our securities are first listed on NYSE, we
will also reimburse our Sponsor for office space, secretarial and administrative services provided to us, and other obligations of our
Sponsor, in the amount of up to $10,000 per month.

We cannot assure you that any of the above mentioned
conflicts will be resolved in our favor.

If we seek shareholder approval, we will complete our Business Combination
only if we receive approval pursuant to an ordinary resolution under Cayman Islands law, which requires the affirmative vote of a majority
of the shareholders who attend and vote at a general meeting of the company. In such case, 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.

Item 11. Executive Compensation.

None of our officers or directors have received or, prior to our Business
Combination, will receive any cash compensation for services rendered to us, other than $25,000 that was paid to each of our independent
directors in 2023