Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 788

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 3
Chunk 788
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and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business combination or similar
transaction within the business combination period. The CODM also reviews general and administrative costs to manage, maintain and enforce
all contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative costs, as reported on
the statements of operations, are the significant segment expenses provided to the CODM on a regular basis.

All other segment items included in net income
or loss are reported on the statements of operations and described within their respective disclosures.

Note 10 — Subsequent Events

The Company evaluated subsequent events and transactions
that occurred after the balance sheet date up to the date that the financial statements were issued. Based on this review, other as described
below, the Company determined no events have occurred that would require adjustments to the disclosures in the financial statements.

On January 27, 2025, the Company held the Shareholder
Meeting (A) to amend, by way of special resolution, the Company’s amended and restated memorandum and articles of association to
extend the 2025 Termination Date by which the Company has to consummate a business combination from the 2025 Original Termination Date
to the 2025 Articles Extension Date and to allow the Company, without another shareholder vote, to elect to extend the 2025 Termination
Date to consummate a business combination on a monthly basis for up to eleven times by an additional one month each time after the 2025
Articles Extension Date, by resolution of the Company’s board of directors, if requested by Constellation Sponsor LP, a Delaware
limited partnership, and upon five days’ advance notice prior to the applicable 2025 Termination Date, until January 29, 2026, or
a total of up to twelve months after the Original Termination Date, unless the closing of a business combination shall have occurred prior
thereto; (B) to amend, by way of special resolution, the Company’s Memorandum and Articles of Association to permit for the issuance
of Class A ordinary shares to holders of the Company’s Class B ordinary shares, upon the exercise of the right of a holder of the
Class B ordinary shares to convert such holder’s Class B ordinary shares into Class A ordinary shares on a one-for-one basis at
any time and from time to time prior to the closing of an initial business combination at the election of the holder; and (C) if required,
an adjournment