debt
confidence high
sentiment neutral
materiality 0.45
Constellation Acquisition Corp I (CSTAF): debt financing — Constellation Acquisition Corp I draws $55K to extend business combination deadline to March 29, 2024
Constellation Acquisition Corp I
- Deposited $55,000 into trust account to extend deadline from Feb 29 to March 29, 2024.
- Extension is first of eleven possible one-month extensions under amended articles.
- Note from Sponsor LP is unsecured, non-interest bearing, matures upon closing of business combination.
- If no business combination, note repaid only from funds outside trust, if any.