Constellation Acquisition extends deadline to Jan 2026; $27.4M redeemed from trust

Constellation Acquisition Corp I

Shareholders approved extension of business combination deadline from Jan 29, 2025 to Feb 29, 2025, plus up to 11 monthly extensions to Jan 29, 2026.
Holders of 2,303,382 Class A shares redeemed at ~$11.91/share for aggregate ~$27.4M; trust balance now ~$770,700.
Founder Share Amendment allows conversion of Class B to Class A on a one-for-one basis at any time before a business combination.
Sponsor will deposit $5,000 per monthly extension into trust account under an unsecured promissory note.
Post-redemption, 7,664,302 Class A shares outstanding; only 64,302 held by public shareholders.

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