Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 1927

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 12
Chunk 1927
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 of the IPO amounted to $17,586,741,
consisting of $6,200,000 of underwriting fees, $10,850,000 of deferred underwriting fees (the “Deferred Underwriting Fees”),
and $536,741 of other offering costs.

Following the closing of the IPO on January 29,
2021, $310,000,000 ($10.00 per Unit) from the net offering proceeds of the sale of the Units in the IPO and the sale of the private placement
warrants was placed in a Company trust account (the “Trust Account”) and invested in United States “government securities”
within the meaning of Section 2(a)(16) of the Investment Company Act of 1940, as amended, having a maturity of 185 days or less or in
money market funds meeting certain conditions under Rule 2a-7 promulgated under the Investment Company Act which invest only in direct
U.S. government treasury obligations. Except with respect to interest earned on the funds held in the Trust Account that may be released
to the Company to pay the income taxes, if any, the Company’s amended and restated memorandum and articles of association (the “amended
and restated memorandum and articles of association”) will provide that the proceeds from the IPO and the sale of the private placement
warrants held in the Trust Account will not be released from the Trust Account (1) to the Company, until the completion of the initial
Business Combination, or (2) to the public shareholders, until the earliest of (a) the completion of the initial Business Combination,
and then only in connection with those Class A ordinary shares that such shareholders properly elected to redeem, subject to the limitations,
(b) the redemption of any Public Shares properly tendered in connection with a (A) shareholder vote to amend the amended and restated
memorandum and articles of association to modify the substance or timing of the Company’s obligation to provide holders of the Class
A ordinary shares the right to have their shares redeemed in connection with the initial Business Combination or to redeem 100% of the
Public Shares if the Company does not complete the initial Business Combination by the date by which the Company is required to consummate
a Business Combination pursuant to the Company’s amended and restated memorandum and articles of association (such period, the “Combination
Period”), or (B) with respect to any other provision relating to the rights of holders of the Class A ordinary shares or pre-initial
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