Constellation Acquisition I Files 8-K on Soliciting Material
Ticker: CSTWF · Form: 8-K · Filed: Jan 22, 2024 · CIK: 1834032
| Field | Detail |
|---|---|
| Company | Constellation Acquisition Corp I (CSTWF) |
| Form Type | 8-K |
| Filed Date | Jan 22, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: 8-K, corporate-action, spac, shareholder-communication
TL;DR
**CSTAF filed an 8-K about soliciting materials, signaling potential big news or a shareholder vote is coming.**
AI Summary
Constellation Acquisition Corp I (CSTAF) filed an 8-K on January 22, 2024, reporting an event on January 19, 2024, related to 'Other Events'. This filing indicates the company is satisfying its obligation under Rule 14a-12 of the Exchange Act, which pertains to soliciting material. For investors, this matters because it signals ongoing corporate actions, potentially related to a business combination or shareholder vote, which could impact the stock's future value and direction.
Why It Matters
This filing indicates Constellation Acquisition Corp I is actively engaging with shareholders, likely in preparation for a significant corporate event such as a merger or acquisition, which could lead to substantial changes in the company's structure and stock performance.
Risk Assessment
Risk Level: medium — The filing itself is administrative, but the underlying 'soliciting material' could relate to a high-risk event like a SPAC merger, which often carries significant uncertainty.
Analyst Insight
Investors should monitor subsequent filings from Constellation Acquisition Corp I for details on the 'soliciting material' mentioned, as it will likely provide specifics on upcoming corporate actions like a potential business combination or shareholder vote.
Key Players & Entities
- Constellation Acquisition Corp I (company) — the registrant filing the 8-K
- January 19, 2024 (date) — date of the earliest event reported
- January 22, 2024 (date) — date the 8-K was filed
- Rule 14a-12 (other) — SEC rule for soliciting material under the Exchange Act
FAQ
What is the purpose of Constellation Acquisition Corp I filing this 8-K?
Constellation Acquisition Corp I filed this 8-K to report 'Other Events' and to simultaneously satisfy its filing obligation under Rule 14a-12 of the Securities Exchange Act of 1934, which relates to soliciting material.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 19, 2024.
What is Constellation Acquisition Corp I's business address?
Constellation Acquisition Corp I's business address is 200 Park Avenue, 32nd Floor, New York, NY 10166.
What is the Commission File Number for Constellation Acquisition Corp I?
The Commission File Number for Constellation Acquisition Corp I is 001-39945.
What type of securities are registered by Constellation Acquisition Corp I according to this filing?
The filing mentions 'Class Ordinary Shares Par Value 0.0001 Per Share', 'Redeemable Warrants Each Whole Warrant Exercisable For One Class Ordinary Share At Exercise Price Of 11.50', and 'Units Each Consisting Of One Class Ordinary Share And Onethird Of One Redeemable Warrant' as securities registered pursuant to Section 12(b) of the Act.
Filing Stats: 729 words · 3 min read · ~2 pages · Grade level 12.4 · Accepted 2024-01-22 06:04:05
Key Financial Figures
- $0.0001 — ed Class A ordinary shares, par value $0.0001 per share CSTAF OTCQX Best Market
- $11.50 — ordinary share at an exercise price of $11.50 CSTWF OTCQB Venture Market Units,
Filing Documents
- ea191879-8k_constell1.htm (8-K) — 32KB
- 0001213900-24-005050.txt ( ) — 255KB
- cstaf-20240119.xsd (EX-101.SCH) — 4KB
- cstaf-20240119_def.xml (EX-101.DEF) — 27KB
- cstaf-20240119_lab.xml (EX-101.LAB) — 37KB
- cstaf-20240119_pre.xml (EX-101.PRE) — 25KB
- ea191879-8k_constell1_htm.xml (XML) — 7KB
01. Other Events
Item 8.01. Other Events. On January 10, 2024, Constellation Acquisition Corp I (" Constellation ") filed a definitive proxy statement (the " Extension Proxy Statement ") for an extraordinary general meeting of its shareholders to be held on January 23, 2024, at 9:00 a.m., Eastern Time, to consider and act upon a proposal to extend the date (the " Termination Date ") by which Constellation has to consummate a business combination from January 29, 2024 to February 29, 2024 (the " Articles Extension Date ") and to allow Constellation, without another shareholder vote, to elect to extend the Termination Date to consummate a business combination on a monthly basis for up to eleven times by an additional one month each time after the Articles Extension Date to January 29, 2025, by resolution of Constellation's board of directors, if requested by Constellation Sponsor LP , a Delaware limited partnership. The Extension Proxy Statement was mailed to Constellation shareholders of record as of December 26, 2023 on or about January 10, 2024. Shareholders may obtain a copy of the Extension Proxy Statement at the SEC's website ( www.sec.gov ). As set forth in the Extension Proxy Statement, the deadline by which Constellation public shareholders had to complete the procedures for electing to redeem their Class A ordinary shares, par value $0.0001 per share (the " Public Shares "), was 5:00 p.m., Eastern Time, on January 19, 2024 (" Redemption Deadline "). The initial number of Public Shares tendered for redemption prior to the Redemption Deadline was 3,399,900. The deadline for shareholders to withdraw previously submitted redemption requests is the Redemption Deadline, unless Constellation's board of directors determines (in its sole discretion) to permit such withdrawal of a redemption request (which it may do in whole or in part). Shareholders may make such request by contacting our transfer agent, Continental Stock Transfer & Trust Company, at One State Street Plaza, 30th