other material
confidence high
sentiment neutral
materiality 0.50
Constellation Acquisition Corp I extends deadline to April 29, 2025 by drawing $5,000 from sponsor note
Constellation Acquisition Corp I
- Drew $5,000 from unsecured promissory note with Constellation Sponsor LP on March 27, 2025.
- Deposit into trust account extends business combination deadline from March 29, 2025 to April 29, 2025.
- Second of eleven permitted one-month extensions under amended articles of association.
- Note is non-interest bearing and matures upon business combination; repayment only from funds outside trust if no deal.
- SPAC's publicly traded securities: Class A shares (CSTAF), warrants (CSTWF), units (CSTUF).