other_material
confidence high
sentiment neutral
materiality 0.50
Constellation Acquisition Corp I draws $5,000 from sponsor note to extend business combination deadline to July 29, 2025
Constellation Acquisition Corp I
- Drew $5,000 under unsecured promissory note from Constellation Sponsor LP; deposited into trust account for public shareholders.
- Extension moves deadline from June 29, 2025 to July 29, 2025 to complete initial business combination.
- Fifth of eleven possible one-month extensions allowed under amended and restated memorandum and articles of association.
- Note is non-interest bearing, matures upon business combination; repayment only from funds outside trust if no deal.
item 2.03