Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 203

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1A
Chunk 203
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 cannot provide any
assurance that new financing will be available to us on commercially acceptable terms, if at all. Further, our plans to raise capital
and to consummate our Business Combination may not be successful. These factors, among others, raise substantial doubt about our ability
to continue as a going concern through our liquidation date.

Risks Relating to Searching for and Consummating a Business Combination

Our shareholders may not be afforded an opportunity to
vote on our proposed Business Combination, which means we may complete our Business Combination even though a majority of our shareholders
do not support such a combination.

We may not hold a shareholder vote to approve our Business Combination
unless the Business Combination would require shareholder approval under applicable Cayman Islands law or stock exchange listing requirements
or if we decide to hold a shareholder vote for business or other reasons. Except as required by applicable law or stock exchange rules,
the decision as to whether we will seek shareholder approval of a proposed Business Combination or will allow shareholders to sell their
shares to us in a tender offer will be made by us, solely in our discretion, and will be based on a variety of factors, such as the timing
of the transaction and whether the terms of the transaction would otherwise require us to seek shareholder approval. Accordingly, we may
consummate our Business Combination even if holders of a majority of the outstanding ordinary shares do not approve of the Business Combination
we consummate. Please see the section entitled “Business-Shareholders May Not Have the Ability to Approve Our Business Combination”
for additional information.

Your only opportunity to affect the investment decision
regarding a potential Business Combination may be limited to the exercise of your right to redeem your shares from us for cash.

At the time of your investment in us, you will not be provided with
an opportunity to evaluate the specific merits or risks of any target businesses. Since our board of directors may complete a Business
Combination without seeking shareholder approval, public shareholders may not have the right or opportunity to vote on the Business Combination,
unless we seek such shareholder approval. Accordingly, your only opportunity to affect the investment decision regarding a potential Business
Combination may be limited to exercising your redemption rights within the period of time (which will be at least 20 business days) set
forth in our tender offer documents mailed to our public shareholders in which we describe our Business Combination.

If we seek shareholder approval of our Business Combination,
our Sponsor and members of our team have agreed to vote in favor of such Business Combination, regardless of how