secwatch.observer — SEC 8-K summary
======================================

Issuer:     Constellation Acquisition Corp I (CSTAF)
CIK:        0001834032
Form:       8-K
Filed at:   2023-12-29T23:59:59+00:00
Accession:  0001213900-23-099908
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Constellation Acquisition draws $150K extension loan, pushing business combination deadline to Jan 29, 2024
--------------------------------------------------------------------------------

- Drew $150,000 under unsecured promissory note from Constellation Sponsor LP to extend deadline from Dec 29, 2023 to Jan 29, 2024.
- This is the ninth and final permitted one-month extension under the company's amended articles.
- Note is non-interest bearing, matures upon business combination; repayment only from funds outside trust if no deal closes.
- Up to $1,270,000 of principal may be converted into warrants at $1.50 per warrant, identical to private placement warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834032/000121390023099908/0001213900-23-099908-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834032/000121390023099908/ea190873-8k_constell1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-099908

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