Company: CSTAF
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074972
Chunk: 83

Company: Constellation Acquisition Corp I
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 8
Chunk 83
---
 to the Lender.

On each of 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 pursuant to the Extension Note, which 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 eleven 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 (as defined below)
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.

8

On January 27, 2025, the Company held the an extraordinary
general meeting of shareholders (the “2025 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 from January 29, 2025 (the “2025 Original Termination Date”) to February
28, 2025 (the “2025 Articles Extension Date”) and to allow the Company, without another shareholder vote, to elect to extend
the 2025 Termination Date to consummate a Business Combination on a monthly basis for up to eleven times by an additional one month each
time after the 2025 Articles Extension Date, by resolution of the Company’s board of