Company: CSTAF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001213900-25-002661
Chunk: 77

Company: Constellation Acquisition Corp I
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 77
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 CONSTELLATION SHAREHOLDERS
VOTE “FOR” THE APPROVAL OF THE ADJOURNMENT PROPOSAL. 35 Certain Material U.S. Federal Income Tax Considerations for Shareholders Exercising Redemption Rights The following discussion is a summary of certain material U.S. federal income tax considerations for Redeeming U.S. Holders and Redeeming Non -U.S. Holders (each as defined below) of Public Shares that elect to have their Public Shares redeemed for cash if the Extension Amendment Proposal or the Founder Share Amendment Proposal is approved. This section applies only to investors that hold Public Shares as capital assets for U.S. federal income tax purposes (generally, property held for investment). This discussion does not address all aspects of U.S. federal income taxation that may be relevant to a particular shareholder in light of its particular circumstances or status, including: •financial institutions or financial services entities; •broker -dealers; •S corporations; •taxpayers that are subject to the mark -to -marketaccounting rules; •tax -exemptentities; •governments or agencies or instrumentalities thereof; •tax -qualifiedretirement plans; •insurance companies; •regulated investment companies or real estate investment trusts; •expatriates or former long -termresidents or citizens of the United States; •persons that directly, indirectly, or constructively own five percent or more of our voting shares or five percent or more of the total value of all classes of our shares; •persons that acquired our securities pursuant to an exercise of employee share options, in connection with employee share incentive plans or otherwise as compensation; •persons that hold our securities as part of a straddle, constructive sale, hedging, conversion, synthetic security or other integrated or similar transaction; •persons subject to the alternative minimum tax; •persons whose functional currency is not the U.S. dollar; •controlled foreign corporations; •corporations that accumulate earnings to avoid U.S. federal income tax; •“qualified foreign pension funds” (within the meaning of Section 897(l)(2) of the Code) and entities whose interests are held by qualified foreign pension funds; •accrual method taxpayers that file applicable financial statements as described in Section 451(b) of the Code; •foreign corporations with respect to which there are one or more United States shareholders within the meaning of Treasury Regulation Section 1.367(b) -3(b)(1)(ii); •passive foreign investment companies or their shareholders; or •