other material
confidence high
sentiment neutral
materiality 0.50
Constellation Acquisition Corp I draws $55k from note to extend business combination deadline to Aug 29, 2024
Constellation Acquisition Corp I
- Company drew $55,000 (Extension Funds) from unsecured promissory note with Constellation Sponsor LP dated Jan 30, 2024.
- Funds deposited into trust account to extend deadline from July 29, 2024 to August 29, 2024 (Extension).
- This is the sixth of eleven possible one-month extensions under its amended and restated articles.
- Note bears no interest, matures upon business combination closing; repayment only from funds outside trust if no deal.