Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 870

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 4
Chunk 870
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4 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 “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 directors, if requested by Constellation Sponsor LP, and upon five days’
advance notice prior to the applicable 2025 Termination Date, until January 29, 2026, or a total of up to twelve months after the 2025
Original Termination Date, unless the closing of a business combination shall have occurred prior thereto (the “2025 Extension Amendment
Proposal”); (B) to amend, by way of special resolution, the Company’s amended and restated memorandum and articles of association
to permit for the issuance of Class A ordinary shares, par value of US$0.0001 per share to holders of the Company’s Class B ordinary
shares, par value of US$0.0001 per share (the “Founder Shares” or “Class B ordinary shares