Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 253

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1A
Chunk 253
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to be acquired or disposed of by us or in any transaction to which we are a party or have an interest. In fact, we may enter into a Business
Combination with a target business that is affiliated with our Sponsor, our directors or executive officers, although we do not intend
to do so. Nor do we have a policy that expressly prohibits any such persons from engaging for their own account in business activities
of the types conducted by us. Accordingly, such persons or entities may have a conflict between their interests and ours.

The personal and financial interests of our directors and officers
may influence their motivation in timely identifying and selecting a target business and completing a Business Combination. Consequently,
our directors’ and officers’ discretion in identifying and selecting a suitable target business may result in a conflict of
interest when determining whether the terms, conditions and timing of a particular Business Combination are appropriate and in our shareholders’
best interest. If this were the case, it would be a breach of their fiduciary duties to us as a matter of Cayman Islands law and we or
our shareholders might have a claim against such individuals for infringing on our shareholders’ rights. However, we might not ultimately
be successful in any claim we may make against them for such reason.

We may engage in a Business Combination with one or more
target businesses that have relationships with entities that may be affiliated with our Sponsor, executive officers, directors or initial
shareholders which may raise potential conflicts of interest.

In light of the involvement of our Sponsor, executive officers and
directors with other entities, we may decide to acquire one or more businesses affiliated with our Sponsor, executive officers, directors
or initial shareholders. Our directors also serve as officers and board members for other entities, including, without limitation, those
described under “Item 10. Directors, Executive Officers and Corporate Governance-Conflicts of Interest.” Our Sponsor and our
officers and directors may Sponsor or form other special purpose acquisition companies similar to ours or may pursue other business or
investment ventures during the period in which we are seeking a Business Combination. Such entities may compete with us for Business Combination
opportunities. Our Sponsor, officers and directors are not currently aware of any specific opportunities for us to complete our Business
Combination with any entities with which they are affiliated, and there have been no substantive discussions concerning a Business Combination
with any such entity or entities.

Although we will not be specifically focusing on, or pursuing, any
transaction with any affiliated entities, we would