secwatch / observer
8-K filed May 29, 2025, 7:59 PM ET ticker CSTAF CIK 0001834032
debt confidence high sentiment neutral materiality 0.60

Constellation Acquisition Corp I (CSTAF): debt financing — Constellation Acquisition draws $5,000 to extend SPAC deadline to June 29, 2025

Constellation Acquisition Corp I

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Constellation Acquisition Corp I incurred loan of $5,000 with Constellation Sponsor LP at does not bear interest maturing matures upon closing of the Company's initial business combination.

Instrument
loan
Principal
$5,000
Counterparty
Constellation Sponsor LP
Rate
does not bear interest
Maturity
matures upon closing of the Company's initial business combination
Event
incurrence
Exact text from the filing
On May 28, 2025, Constellation Acquisition Corp I (the “Company”) drew an aggregate of $5,000 (the “Extension Funds”), as approved by unanimous resolution of the extension committee of the Company’s board of directors, dated May 27, 2025, pursuant to the unsecured promissory note, dated January 30, 2024 between the Company and Constellation Sponsor LP (the “Note”), which Extension Funds the Company deposited into the Company’s trust account for its public shareholders. This deposit enables the Company to extend the date by which it must complete its initial business combination from May 29, 2025 to June 29, 2025 (the “Extension”). The Extension is the fourth of eleven one-month extensions permitted under the Company’s amended and restated memorandum and articles of association and provides the Company with additional time to complete its initial business combination. The Note does not bear interest and matures upon closing of the Company’s initial business combination.
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Constellation Acquisition Corp I filing history →

Source: SEC EDGAR
accession 0001213900-25-048941
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