Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 89

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1
Chunk 89
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, if at all. The current economic environment may make difficult for companies to obtain acquisition
financing. To the extent that additional financing proves to be unavailable when needed to complete our Business Combination, we would
be compelled to either restructure the transaction or abandon that particular Business Combination and seek an alternative target business
candidate. If we do not complete our Business Combination within the required time period, our public shareholders may receive only approximately
$10.00 per public share, or less in certain circumstances, on the liquidation of our Trust Account and our warrants will expire worthless.
In addition, even if we do not need additional financing to complete our Business Combination, we may require such financing to fund the
operations or growth of the target business. The failure to secure additional financing could have a material adverse effect on the continued
development or growth of the target business. None of our officers, directors or shareholders is required to provide any financing to
us in connection with or after our Business Combination.

Our initial shareholders control a substantial interest
in us and thus may exert a substantial influence on actions requiring a shareholder vote, potentially in a manner that you do not support.

Following the 2025 Shareholder Meeting, our initial shareholders own,
on an as-converted basis, 99.16% of our issued and outstanding ordinary shares. Accordingly, they may exert a substantial influence on
actions requiring a shareholder vote, potentially in a manner that you do not support, including amendments to our amended and restated
memorandum and articles of association. If our initial shareholders purchases any units in the IPO or if our initial shareholders purchases
any additional Class A ordinary shares in the aftermarket or in privately negotiated transactions, this would increase their control.
Neither our Sponsor nor, to our knowledge, any of our officers or directors, have any current intention to purchase additional securities,
other than as disclosed in this Annual Report. Factors that would be considered in making such additional purchases would include consideration
of the current trading price of our Class A ordinary shares. In addition, our board of directors, whose members were elected by our Sponsor,
is and will be divided into three classes, each of which will generally serve for a term of three years with only one class of directors
being elected in each year. We may not hold an annual general meeting to appoint new directors prior to the completion of our Business
Combination, in which case all of the current directors will continue in office until at least the completion of the Business Combination.
If there is an annual general meeting,