Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 210

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1A
Chunk 210
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 in the Trust Account will be used to purchase public shares or warrants
in such transactions.

In the event that our Sponsor, directors, executive officers, advisors
or their affiliates purchase shares in privately negotiated transactions from public shareholders who have already elected to exercise
their redemption rights, such selling shareholders would be required to revoke their prior elections to redeem their shares. The purpose
of any such transaction could be to (1) vote in favor of the Business Combination and thereby increase the likelihood of obtaining shareholder
approval of the Business Combination, (2) reduce the number of public warrants outstanding or vote such warrants on any matters submitted
to the warrant holders for approval in connection with our Business Combination, or (3) satisfy a closing condition in an agreement with
a target that requires us to have a minimum net worth or a certain amount of cash at the closing of our Business Combination, where it
appears that such requirement would otherwise not be met. Any such purchases of our securities may result in the completion of our Business
Combination that may not otherwise have been possible. In addition, if such purchases are made, the public “float” of our
Class A ordinary shares or public warrants may be reduced and the number of beneficial holders of our securities may be reduced, which
may make it difficult to maintain or obtain the quotation, listing or trading of our securities on a national securities exchange.

Any such purchases will be reported pursuant to Section 13 and Section
16 of the Exchange Act to the extent such purchasers are subject to such reporting requirements. See “Business-Permitted Purchases
and Other Transactions with Respect to Our Securities” for a description of how our Sponsor, directors, executive officers, advisors
or their affiliates will select which shareholders to purchase securities from in any private transaction.

If a shareholder fails to receive notice of our offer to
redeem our public shares in connection with our Business Combination or fails to comply with the procedures for tendering its shares,
such shares may not be redeemed.

We will comply with the proxy rules or tender offer rules, as applicable,
when conducting redemptions in connection with our Business Combination. Despite our compliance with these rules, if a shareholder fails
to receive our proxy solicitation or tender offer materials, as applicable, such shareholder may not become aware of the opportunity to
redeem its shares. In addition, the proxy solicitation or tender offer materials, as applicable, that we will furnish to holders of our
public shares in connection with our Business Combination will describe the various procedures that must be