debt
confidence high
sentiment neutral
materiality 0.20
Constellation Acquisition Corp I draws $5,000 to extend business combination deadline to May 29, 2025
Constellation Acquisition Corp I
- Drew $5,000 from sponsor note to extend business combination deadline by one month to May 29, 2025.
- Extension is the third of eleven permitted one-month extensions under amended charter.
- Note is unsecured, non-interest bearing, matures upon business combination; repayment only from funds outside trust if no deal.
- Funds deposited into trust account for public shareholders.