Company: CSTAF
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074972
Chunk: 41

Company: Constellation Acquisition Corp I
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 for companies to report in their financial statement information about operating segments, products, services, geographic
areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities from which
it may recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated by
the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess performance.

The Company’s chief operating decision
maker has been identified as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics for the Company
as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that
there is only one reportable segment.

20

The CODM assesses performance for the single segment
and decides how to allocate resources based on net income or loss that also is reported on the unaudited condensed statements of operations
as net income or loss. The measure of segment assets is reported on the balance sheets as total assets. When evaluating the Company’s
performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss
and total assets, which include the following:

    June 30, 2025  
    December 31, 2024 
  
    Cash held in Trust Account 
    $815,619  
    $28,123,011 
  
    Cash 
    $4,905  
    $5,303 

    For the Three Months Ended June 30,  
    For the Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    General and administrative costs 
    $265,079  
    $225,860  
    $679,774  
    $1,014,201 
  
    Interest earned on cash held in Trust Account 
    $7,091  
    $305,998  
    $91,007  
    $694,989 

The CODM reviews interest earned on investments
held in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust
Account funds while maintaining compliance with the Investment Management Trust Agreement, dated January 26, 2021 between the Company
and Continental Stock Transfer & Trust Company (“CST”), as trustee.

General and administrative expenses are reviewed
and monitored by the CODM to manage and forecast