other material
confidence high
sentiment neutral
materiality 0.30
Constellation Acquisition Corp I draws $55k from sponsor note to extend deadline to July 29, 2024
Constellation Acquisition Corp I
- Drew $55,000 from Constellation Sponsor LP under unsecured promissory note dated Jan 30, 2024.
- Funds deposited into trust account to extend business combination deadline from June 29 to July 29, 2024.
- This is the fifth of eleven possible one-month extensions permitted under amended charter.
- Note bears no interest, matures upon business combination, repayment limited to outside trust funds if no deal.