Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 1504

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 9A
Chunk 1504
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 not party to any agreements with our executive officers and
directors that provide for benefits upon termination of employment. The existence or terms of any such employment or consulting arrangements
may influence our management’s motivation in identifying or selecting a target business, and we do not believe that the ability
of our management to remain with us after the completion of our Business Combination should be a determining factor in our decision to
proceed with any potential Business Combination.

75

Item 12. Security Ownership of Certain
Beneficial Owners and Management and Related Stockholder Matters

The following table sets forth information regarding the beneficial
ownership of our ordinary shares available to us at April 1, 2025, with respect to our ordinary shares held by:

●each person known by us to be the beneficial owner of more than 5% of our issued and outstanding ordinary shares; and

●each of our executive officers, directors and director nominees; and all our executive officers and directors as a group.

Unless otherwise indicated, we believe that all persons named in the
table have sole voting and investment power with respect to all of our ordinary shares beneficially owned by them. In the table below,
percentage ownership is based on 7,814,302 ordinary shares, consisting of (i) 7,664,302 Class A ordinary shares and (ii) 150,000 Class
B ordinary shares, issued and outstanding as of April 1, 2025. As a result, the below table accounts for redemption of shares that occurred
in connection with the 2025 Shareholder Meeting held on January 27, 2025. The following table does not reflect record or beneficial ownership
of the private placement warrants as these warrants are not exercisable within 60 days of the date of this report.

    Class A ordinary shares  
    Class B ordinary shares  
    Ordinary
 shares 

    Number of
 Shares
 Beneficially  
    Approximate
 Percentage  
    Number of
 Shares
 Beneficially  
    Approximate
 Percentage  
    Approximate
 Percentage
 of Voting 
  
    Name of Beneficial Owners 
    Owned  
    of Class  
    Owned  
    of Class  
    Control 
  
    Five Percent Holders 

    Constellation Sponsor LP (our Sponsor)(1)(2)(3) 
     7,600,000  
     99.16% 
     150,000  
     100% 
     99.18