Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 1077

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 6
Chunk 1077
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30, 2024, there were 9,967,684 Class A ordinary shares outstanding which were composed
of 7,600,000 non-redeemable Class A ordinary shares and 2,367,684 redeemable Class A ordinary shares.

In connection with the Shareholder Meeting, the
Sponsor agreed that the Sponsor (or one or more of its affiliates, members or third-party designees) (the “Lender”) shall
make a deposit into the Trust Account established in connection with the Company’s Initial Public Offering of $55,000, in exchange
for a non-interest bearing, unsecured promissory note issued by the Company to the Lender. In addition, in the event that the Company
has not consummated an initial Business Combination by February 29, 2024, without approval of the Company’s public shareholders,
the Company may, by resolution of the Company’s Board, if requested by the Sponsor, and upon five days’ advance notice prior
to the applicable Termination Date, extend the Termination Date up to eleven (11) times, each by one additional month (for a total of
up to eleven (11) additional months to complete a Business Combination), provided that the Lender will deposit $55,000 into the Trust
Account for each such monthly extension, for an aggregate deposit of up to $605,000 (if all eleven (11) additional monthly extensions
are exercised), in exchange for a non-interest bearing, unsecured promissory note issued by the Company to the Lender.

F-10

On February 29, 2024 (“First 2024 Extension”),
March 28, 2024 (“Second 2024 Extension”), April 29, 2024 (“Third 2024 Extension”), May 29, 2024 (“Fourth
2024 Extension”), June 28, 2024 (“Fifth 2024 Extension”), July 23, 2024 (“Sixth 2024 Extension”), August
23, 2024 (“Seventh 2024 Extension”), September 26, 2024 (“Eighth 2024 Extension”), October 29, 2024 (“Ninth
2024 Extension”), November 27, 2024 (“Tenth 2024 Extension”) and December 20, 2024 (“Eleventh 2024 Extension”),
the Company drew $55,000 (the “Extension Funds”) on each date, as approved by unanimous director resolution,