Company: CSTAF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001213900-25-002661
Chunk: 78

Company: Constellation Acquisition Corp I
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 78
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Redeeming Non -U.S. Holders (as defined below, and except as otherwise discussed below). 36 This discussion is based on current U.S. federal income tax laws as in effect on the date hereof, which is subject to change, possibly on a retroactive basis, which may affect the U.S. federal income tax consequences described herein. Furthermore, this discussion does not address any aspect of U.S. federal non -incometax laws, such as gift, estate or Medicare net investment income tax laws, or state, local or non -U.S. laws. Constellation has not sought, and Constellation does not intend to seek, a ruling from the U.S. Internal Revenue Service (“IRS”) as to any U.S. federal income tax considerations described herein. The IRS may disagree with the discussion herein, and its determination may be upheld by a court. Moreover, there can be no assurance that future legislation, regulations, administrative rulings or court decisions will not adversely affect the accuracy of the statements in this discussion. This discussion does not consider the U.S. federal income tax treatment of entities or arrangements treated as partnerships or other pass -throughentities (including branches) for U.S. federal income tax purposes (any such entity or arrangement, a “ Flow -Through Entity”) or investors that hold our securities through Flow -ThroughEntities. If a Flow -ThroughEntity is the beneficial owner of our securities, the U.S. federal income tax treatment of an investor holding our securities through a Flow -ThroughEntity generally will depend on the status of such investor and the activities of such investor and such Flow -ThroughEntity. If you hold our securities through a Flow -ThroughEntity, we urge you to consult your tax advisor. THE FOLLOWING IS FOR INFORMATIONAL PURPOSES ONLY. EACH HOLDER IS URGED TO CONSULT ITS TAX ADVISOR WITH RESPECT TO THE PARTICULAR TAX CONSEQUENCES TO SUCH HOLDER OF EXERCISING REDEMPTION RIGHTS, INCLUDING THE EFFECTS OF U.S. FEDERAL, STATE AND LOCAL AND NON -U .S. TAX LAWS. For purposes of this discussion, because any Unit consisting of one Class A Ordinary Share and one third of one warrant (with a whole warrant representing the right to acquire one Class A Ordinary Share) is separable at the option of the holder, Constellation is treating any Class A Ordinary Share and one third of one warrant to acquire one Class A Ordinary Share held by a holder in the form of a single Unit as separate instruments and is assuming