debt
confidence high
sentiment neutral
materiality 0.45
Constellation Acquisition Corp I increases sponsor promissory note by $590,000 to $2.25 million
Constellation Acquisition Corp I
- On June 5, 2025, amended promissory note with sponsor, increasing principal from $1.66M to $2.25M (increase of $590,000).
- Note is unsecured, bears no interest, and matures upon closing of initial business combination.
- Amendment restates drawdown mechanism; up to $2.195M additional draws available in aggregate.
- The note is with Constellation Sponsor LP, the company's sponsor.
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