secwatch.observer — SEC 8-K summary
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Issuer:     Constellation Acquisition Corp I (CSTAF)
CIK:        0001834032
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001213900-23-060780
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Constellation Acquisition Corp I draws $150K from sponsor note to extend business combination deadline by one month
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- Drew $150,000 under unsecured promissory note from sponsor, deposited into trust account.
- Extends deadline to complete initial business combination from July 29 to August 29, 2023 (fourth of nine monthly extensions).
- Note bears no interest, matures upon closing of business combination; repayment only from amounts outside trust if no deal.
- Up to $1,270,000 of note principal may be converted into warrants at $1.50 per warrant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834032/000121390023060780/0001213900-23-060780-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834032/000121390023060780/ea182526-8k_constell1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-060780

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer