Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 2159

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 16
Chunk 2159
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 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: 

    Prepaid expenses 
     (22,852) 
     43 
  
    Accounts payable and accrued expenses 
     722,204  
     2,106,662 
  
    Due to related party 
     120,000  
     120,000 
  
    Net cash used in operating activities 
     (753,238) 
     (1,333,630)

    Cash Flows from Investing Activities: 

    Investment of cash in Trust Account 
     (660,000) 
     (1,800,000)
  
    Cash withdrawn from Trust Account in connection with redemption 
     23,671,533  
     269,485,746 
  
    Net cash provided by investing activities 
     23,011,533  
     267,685,746 

    Cash Flows from Financing Activities: 

    Payments on promissory note to related party 
     —  
     (31,572)
  
    Proceeds from promissory note to related party 
     1,365,000  
     — 
  
    Proceeds from convertible promissory note to related party 
     50,000  
     3,131,000 
  
    Redemption of Class A ordinary shares 
     (23,671,533) 
     (269,485,746)
  
    Net cash used in financing activities 
     (22,256,533) 
     (266,386,318)

    Net change in cash 
     1,762  
     (34,202)
  
    Cash, beginning of the period 
     3,541  
     37,743 
  
    Cash, end of the period 
    $5,303  
    $3,541 

    Supplemental disclosure of non-cash activities: 

    Accretion
    of Class A ordinary shares subject to redemption 
    $1,936,948  
    $4,826,074 

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

F-6

CONSTELLATION