Company: CSTAF
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044280
Chunk: 1

Company: Constellation Acquisition Corp I
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 1
---
 and December 31, 2024 
     —  
     — 
  
    Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 7,600,000 and no shares issued and outstanding (excluding 64,302 and 4,493,843 shares subject to possible redemption) as of March 31, 2025 and December 31, 2024, respectively 
     760  
     760 
  
    Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 150,000 shares issued and outstanding as of March 31, 2025 and December 31, 2024 
     15  
     15 
  
    Additional paid-in capital 
     —  
     — 
  
    Accumulated deficit 
     (20,403,903) 
     (19,858,079)
  
    Total Shareholders’ Deficit 
     (20,403,128) 
     (19,857,304)
  
    Total Liabilities, Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit 
    $847,246  
    $28,184,577 

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

1

CONSTELLATION ACQUISITION CORP I
CONDENSED STATEMENTS OF OPERATIONS

(UNAUDITED)

    For the Three Months Ended March 31, 

    2025  
    2024 
  
    General and administrative costs 
    $414,695  
    $788,341 
  
    Loss from Operations 
     (414,695) 
     (788,341)

    Other (expense) income: 

    Interest earned on cash held in Trust Account 
     83,916  
     388,991 
  
    Change in fair value of warrant liability 
     (116,129) 
     (94,800)
  
    Total other (expense) income 
     (32,213) 
     294,191 

    Net loss 
    $(446,908) 
    $(494,150)

    Weighted average shares outstanding, redeemable Class A ordinary shares 
     755,317  
     3,021,887 
  
    Basic and diluted net loss per share