Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 218

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1A
Chunk 218
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 Combination by the Termination Date, with respect to such Class A ordinary
shares so redeemed. In no other circumstances will a shareholder have any right or interest of any kind to or in the Trust Account. Holders
of warrants will not have any right to the proceeds held in the Trust Account with respect to the warrants. Accordingly, to liquidate
your investment, you may be forced to sell your public shares or warrants, potentially at a loss.

Our decision to voluntarily delist from the New York Stock
Exchange and list on the OTC, who may delist our securities from trading on its exchange, which could limit investors’ ability to
make transactions in our securities and subject us to additional trading restrictions and effect our ability to consummate a Business
Combination.

On December 20, 2023, the Company announced its intention to voluntarily
delist its Class A ordinary shares, warrants and units from The New York Stock Exchange and its intention to make an application to have
its Class A ordinary shares, warrants and units quoted on the OTC. On January 16, 2024, the Company began trading its Class A ordinary
shares and units on the OTCQX® Best Market under the symbols “CSTAF” and
“CSTUF,” respectively, and its warrants on the OTCQB® Venture Market under
the symbol “CSTWF.”

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Although our Class A ordinary shares, warrants and units are quoted
on the OTC, there is a very limited trading market for our Class A ordinary shares, warrants and units, which limits your ability to resell
shares of our securities. The OTC quotation platform is an inter-dealer market that is less regulated than the major securities markets.
There can be no assurances that an active trading market for our securities will develop or be sustained. Accordingly, there can be no
assurance as to the ability of holders of s our securities to sell their securities or the prices at which holders may be able to sell
their securities.

Although we expect to continue to meet the minimum initial listing
standards of OTCQX® Best Market and OTCQB®
Venture Market, our securities may not be, or may not continue to be, listed on the OTC in the future or prior to the completion of our
Business Combination. In order to continue listing our securities on the OTC prior to the completion of our Business Combination, we must
maintain certain financial, distribution and share price levels. Additionally, our