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

Company: Constellation Acquisition Corp I
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 13
---
. On January 29, 2024,
the Company held its 2024 Shareholder Meeting (A) to amend, by way of special resolution, the Company’s amended and restated memorandum
and articles of association (the “2024 Articles Amendment”) to extend the date by which the Company has to consummate a Business
Combination from January 29, 2024 (the “2024 Original Termination Date”) to February 29, 2024 (the “Articles Extension
Date”) and to allow the Company, without another shareholder vote, to elect to extend the Termination Date to consummate a Business
Combination on a monthly basis for up to eleven (11) times by an additional one month each time after the Articles Extension Date, by
resolution of the Board, if requested by the Sponsor, and upon five days’ advance notice prior to the applicable Termination Date,
until January 29, 2025, or a total of up to twelve (12) months after the 2024 Original Termination Date, unless the closing of a Business
Combination shall have occurred prior thereto (the “2024 Extension Amendment Proposal”); (B) to amend, by way of special
resolution, the amended and restated memorandum and articles of association to eliminate the limitation that the Company may not redeem
Class A ordinary shares, to the extent that such redemption would result in the Company having net tangible assets (as determined in
accordance with Rule 3a51-1(g)(1) of the Securities Exchange Act of 1934, as amended), of less than $5,000,001 (the “Redemption
Limitation”) in order to allow the Company to redeem Class A ordinary shares irrespective of whether such redemption would exceed
the Redemption Limitation (such proposal the “Redemption Limitation Amendment Proposal”); and (C) if required, an adjournment
proposal to adjourn, by way of ordinary resolution, the 2024 Shareholder Meeting to a later date or dates, if necessary, (i) to permit
further solicitation and vote of proxies if, based upon the tabulated vote at the time of the 2024 Shareholder Meeting, there are insufficient
ordinary shares (as defined below) in the capital of the Company represented (either in person or by proxy) to approve the 2024 Extension
Amendment Proposal and the Redemption Limitation Amendment Proposal, (ii) where the Company would not adhere to the initial