Company: CSTAF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001213900-25-002661
Chunk: 76

Company: Constellation Acquisition Corp I
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 76
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holder Meeting to approve the Extension Amendment Proposal and the Founder Share Amendment Proposal or to allow public shareholders time to reverse their redemption requests in connect with the Articles Extension or as otherwise necessary. In such events, the Founder Share Amendment would not be implemented. Vote Required for Approval The approval of the Adjournment Proposal requires an ordinary resolution under Cayman Islands law, being the affirmative vote of at least a majority of the votes cast by the holders of the issued Ordinary Shares, voting as a single class, who are present in person or represented by proxy and entitled to vote thereon, and who vote thereon, at the Shareholder Meeting. Abstentions, and broker non -voteswill be considered present for the purposes of establishing a quorum but, as a matter of Cayman Islands law, will not constitute votes cast at the Shareholder Meeting and therefore will have no effect on the approval of the Adjournment Proposal. As of the date of this proxy statement, the Sponsor and Constellation’s Initial Shareholders have agreed to vote any Ordinary Shares owned by them in favor of the Adjournment Proposal. As of the date hereof, the Sponsor and Constellation’s other Initial Shareholders own 76.6% of the issued and outstanding Ordinary Shares and have not purchased any Public Shares but may do so at any time. As a result, in addition to the Sponsor and Constellation’s other Initial Shareholders, no additional Ordinary Shares held by public shareholders would be required to approve the Adjournment Proposal. Resolution The full text of the resolution to be voted upon is as follows: “ RESOLVED, as an ordinary resolution, that the adjournment of the Shareholder Meeting to a later date or dates if necessary, (i) to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Shareholder Meeting, there are insufficient Class A Ordinary Shares and Class B Ordinary Shares in the capital of Constellation represented (either in person or by proxy) at the Shareholder Meeting to approve the Extension Amendment Proposal and the Founder Share Amendment Proposal, (ii) where Constellation would not adhere to the initial or continued trading requirements of the OTCQX ®Best Market (“ OTCQX”) and the OTCQB ®Venture Market (“ OTCQB” and together with OTCQX, “ OTC”) or (iii) where the Board of Constellation has determined it is otherwise necessary.” Recommendation of the Board THE BOARD UNANIMOUSLY RECOMMENDS THAT