Company: CSTAF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110128
Chunk: 110

Company: Constellation Acquisition Corp I
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 110
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evaluated by the Company’s CODM, or group, in deciding how to allocate resources and assess performance.

The Company’s CODM has been identified as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics for the Company
as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that
there is only one reportable segment.

20

The CODM assesses performance for the single
segment and decides how to allocate resources based on net income or loss that also is reported on the unaudited condensed
statements of operations as net income or loss. The measure of segment assets is reported on the condensed balance sheets as total
assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews
several key metrics included in net income or loss and total assets, which include the following:

    September 30, 2025  
    December 31, 2024 
  
    Cash held in Trust Account 
    $837,911  
    $28,123,011 
  
    Cash 
    $8,808  
    $5,303 

    For the Three Months Ended September 30,  
    For the Nine Months Ended September 30, 

    2025  
    2024  
    2025  
    2024 
  
    General and administrative costs 
    $248,326  
    $244,972  
    $928,100  
    $1,259,173 
  
    Interest earned on cash held in Trust Account 
    $7,292  
    $310,320  
    $98,299  
    $1,005,309 

The CODM reviews interest earned on investments
held in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust
Account funds while maintaining compliance with the Investment Management Trust Agreement, dated January 26, 2021 between the Company
and Continental Stock Transfer & Trust Company, as trustee.

General and administrative expenses are reviewed
and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination or similar
transaction within the Combination Period. The CODM also reviews general and administrative costs to manage, maintain and enforce all
contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative costs, as reported on the
unaud