Constellation Acquisition Corp I signs non-binding term sheet to combine with Jindalee's HiTech Minerals

Constellation Acquisition Corp I

Non-binding term sheet signed September 8, 2025 for business combination with HiTech Minerals, a wholly-owned Jindalee Lithium subsidiary.
Investor presentation dated December 2025 furnished; no definitive agreement, valuation, or premium disclosed.
Transaction targets securing U.S. lithium supply; subject to due diligence, definitive agreement, and customary closing conditions.
Potential business combination would result in combined entity NewCo (US Elemental); no timeline provided.

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