Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 2057

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 14
Chunk 2057
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 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, dated February
27, 2024 pursuant to the Extension Note, which Extension Funds the Company deposited into the Trust Account for its public shareholders.
The deposit enabled the Company to extend the date by which it must complete its initial Business Combination from February 29, 2024 to
January 29, 2025. These extensions are nine one-month extensions permitted under the amended and restated memorandum and articles of association
and provides the Company with additional time to complete its initial Business Combination. The 2024 Note does not bear interest and matures
upon closing of the Company’s initial Business Combination. In the event that the Company does not consummate a Business Combination,
the 2024 Note will be repaid only from amounts remaining outside of the Trust Account, if any. As of December 31, 2024, the Company deposited
an aggregate total of $660,000 Extension Funds.

On January 27, 2025, the Company held the Shareholder
Meeting (A) to amend, by way of special resolution, the Company’s amended and restated memorandum and articles of association to
extend the date (the “2025 Termination Date”) by which the Company has to consummate a business combination (the “2025
Articles Extension”) from January 29, 2025 (the “2025 Original Termination Date”) to February 28, 2025 (the