Company: CSTAF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110128
Chunk: 5

Company: Constellation Acquisition Corp I
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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     (18,986,295)
  
    Accretion of Class A ordinary shares subject to redemption 
     —  
     —  
     —  
     —  
     —  
     (475,320) 
     (475,320)
  
    Net income 
     —  
     —  
     —  
     —  
     —  
     37,699  
     37,699 
  
    Balance as of September 30, 2024 (unaudited) 
     7,600,000  
    $760  
     150,000  
    $15  
    $—  
    $(19,424,691) 
    $(19,423,916)

The accompanying notes are an integral part of
these unaudited condensed financial statements.

3

CONSTELLATION ACQUISITION CORP I
CONDENSED STATEMENTS OF CASH FLOWS

(UNAUDITED)

    For the Nine Months Ended September 30, 

    2025  
    2024 
  
    Cash Flows from Operating Activities: 

    Net loss 
    $(1,998,996) 
    $(251,494)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Interest earned on cash held in Trust Account 
     (98,299) 
     (1,005,309)
  
    Change in fair value of warrant liabilities 
     1,169,195  
     (2,370)
  
    Changes in operating assets and liabilities: 

    Prepaid expenses 
     29,738  
     (96,116)
  
    Accounts payable and accrued expenses 
     431,867  
     587,414 
  
    Due to related party 
     90,000  
     90,000 
  
    Net cash used in operating activities 
     (376,495) 
     (677,875)

    Cash Flows from Investing Activities: 

    Investment of cash in Trust Account 
     (45,000) 
     (495,000)
  
    Cash withdrawn from Trust Account in connection with redemption 
     27,428,399  
     23,671,533 
  
    Net cash provided by investing activities