debt
confidence high
sentiment neutral
materiality 0.40
Constellation Acquisition Corp I draws $55k to extend business combination deadline to Dec 29, 2024
Constellation Acquisition Corp I
- Drew $55,000 under unsecured promissory note with Constellation Sponsor LP to extend business combination deadline.
- Extension moves deadline from November 29, 2024 to December 29, 2024 (tenth of eleven permitted monthly extensions).
- Note does not bear interest; matures upon closing of initial business combination.
- If no business combination, Note repaid only from amounts outside trust account.