debt
confidence high
sentiment neutral
materiality 0.60
Constellation Acquisition draws $5,000 to extend SPAC deadline to June 29, 2025
Constellation Acquisition Corp I
- Drew $5,000 from unsecured promissory note with Constellation Sponsor LP on May 28, 2025.
- Funds deposited into trust account to extend completion deadline from May 29, 2025 to June 29, 2025.
- This is the fourth of eleven permitted one-month extensions under company's articles.
- Note is non-interest bearing, matures upon business combination or from funds outside trust if no deal.
- Company now has until June 29, 2025 to complete its initial business combination.
item 2.03