Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 1595

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 9B
Chunk 1595
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 of which is a member of the individual’s
immediate family, an affiliate of such person or to a charitable organization; (c) in the case of an individual, by virtue of laws of
descent and distribution upon death of the individual; (d) in the case of an individual, pursuant to a qualified domestic relations order;
(e) by private sales or transfers made in connection with the consummation of a Business Combination at prices no greater than the price
at which the founder shares, private placement warrants or Class A ordinary shares, as applicable, were originally purchased; (f) by virtue
of our Sponsor’s organizational documents upon liquidation or dissolution of our Sponsor; (g) to the company for no value for cancellation
in connection with the consummation of our Business Combination; (h) in the event of our liquidation prior to the completion of our Business
Combination; or (i) in the event of our completion of a liquidation, merger, share exchange or other similar transaction which results
in all of our public shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property subsequent
to our completion of our Business Combination; provided, however, that in the case of clauses (a) through (f) these permitted transferees
must enter into a written agreement agreeing to be bound by these transfer restrictions and the other restrictions contained in the letter
agreement.

Registration and Shareholder Rights

The holders of the founder shares, private placement warrants, Class
A ordinary shares underlying the private placement warrants and warrants that may be issued upon conversion of working capital loans (and
any Class A ordinary shares issuable upon the exercise of the private placement warrants and warrants that may be issued upon conversion
of working capital loans) are entitled to registration rights pursuant to a registration and shareholder rights agreement signed on the
effective date of our IPO requiring us to register the securities for resale. The holders of these securities are entitled to make up
to three demands, excluding short form demands, that we register such securities.

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In addition, the holders have certain “piggy-back” registration
rights with respect to registration statements filed subsequent to our completion of our Business Combination. However, the registration
and shareholder rights agreement provides that we will not permit any registration statement filed under the Securities Act to become
effective until termination of the applicable lock-up period, which occurs (i) in the case of the founder shares, as described in the
following paragraph, and (ii