debt
confidence high
sentiment neutral
materiality 0.35
Constellation Acquisition Corp I (CSTAF): debt financing — Constellation Acquisition extends SPAC deadline to June 29, 2026 via $5K sponsor note draw
Constellation Acquisition Corp I
- Drew $5,000 from unsecured promissory note with Constellation Sponsor LP on May 28, 2026.
- Deposited funds into trust account to extend initial business combination deadline by one month.
- Extension from May 29, 2026 to June 29, 2026; fourth of eleven permitted one-month extensions.
- Note is non-interest bearing, matures upon business combination; repaid from trust only if no deal.