Constellation Acquisition Corp I Files 8-K on Financial Obligations
Ticker: CSTWF · Form: 8-K · Filed: May 30, 2024 · CIK: 1834032
| Field | Detail |
|---|---|
| Company | Constellation Acquisition Corp I (CSTWF) |
| Form Type | 8-K |
| Filed Date | May 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50, $55,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-obligation, disclosure, spac
TL;DR
CSTAF filed an 8-K on 5/29 detailing financial obligations. Keep an eye on this.
AI Summary
Constellation Acquisition Corp I filed an 8-K on May 30, 2024, reporting a direct financial obligation or an obligation under an off-balance sheet arrangement as of May 29, 2024. The filing details the company's structure, including its Class A Ordinary Shares, Redeemable Warrants, and Units.
Why It Matters
This filing indicates a change or update in Constellation Acquisition Corp I's financial obligations, which could impact its financial health and future strategic decisions.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of financial obligations and does not inherently signal immediate financial distress or significant new risks.
Key Players & Entities
- Constellation Acquisition Corp I (company) — Registrant
- May 29, 2024 (date) — Date of earliest event reported
- May 30, 2024 (date) — Filing date
- Class Ordinary Shares (security) — Share type
- Redeemable Warrants (security) — Warrant type
- Units (security) — Unit type
FAQ
What specific financial obligation is Constellation Acquisition Corp I reporting?
The filing indicates a 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' but does not specify the exact nature or amount of the obligation within the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on May 29, 2024.
What is the ticker symbol for Constellation Acquisition Corp I?
The ticker symbol is not explicitly stated in the provided text, but the company is identified as Constellation Acquisition Corp I.
What are the different types of securities mentioned for Constellation Acquisition Corp I?
The filing mentions Class Ordinary Shares, Redeemable Warrants, and Units.
What is the SIC code for Constellation Acquisition Corp I?
The Standard Industrial Classification (SIC) code for Constellation Acquisition Corp I is 6770, which corresponds to BLANK CHECKS.
Filing Stats: 594 words · 2 min read · ~2 pages · Grade level 14.3 · Accepted 2024-05-30 12:32:15
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,
- $55,000 — I (the "Company") drew an aggregate of $55,000 (the "Extension Funds"), as approved by
Filing Documents
- ea020703701-8k_constell.htm (8-K) — 30KB
- 0001213900-24-047799.txt ( ) — 254KB
- cstaf-20240529.xsd (EX-101.SCH) — 4KB
- cstaf-20240529_def.xml (EX-101.DEF) — 27KB
- cstaf-20240529_lab.xml (EX-101.LAB) — 37KB
- cstaf-20240529_pre.xml (EX-101.PRE) — 25KB
- ea020703701-8k_constell_htm.xml (XML) — 7KB
03. Creation of a Direct Financial Obligation or an Obligation
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement or a Registrant. On May 29, 2024, Constellation Acquisition Corp I (the "Company") drew an aggregate of $55,000 (the "Extension Funds"), as approved by unanimous resolution of the extension committee of the Company's board of directors (the "Board"), dated May 29, 2024, pursuant to the unsecured promissory note, dated January 30, 2024, between the Company and Constellation Sponsor LP (the "Note"), which Extension Funds the Company deposited into the Company's trust account for its public shareholders. This deposit enables the Company to extend the date by which it must complete its initial business combination from May 29, 2024 to June 29, 2024 (the "Extension"). The Extension is the fourth of eleven one-month extensions permitted under the Company's amended and restated memorandum and articles of association and provides the Company with additional time to complete its initial business combination. The Note does not bear interest and matures upon closing of the Company's initial business combination. In the event that the Company does not consummate a business combination, the Note will be repaid only from amounts remaining outside of the Company's trust account, if any. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: May 30, 2024 CONSTELLATION ACQUISITION CORP I By: /s/ Chandra R. Patel Name: Chandra R. Patel Title: Chief Executive Officer