Constellation Acquisition Corp I Reports Financial Obligation
Ticker: CSTWF · Form: 8-K · Filed: Aug 23, 2024 · CIK: 1834032
| Field | Detail |
|---|---|
| Company | Constellation Acquisition Corp I (CSTWF) |
| Form Type | 8-K |
| Filed Date | Aug 23, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50, $55,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-obligation, 8-K, filing
Related Tickers: CSTA
TL;DR
CSTA filed an 8-K for a new financial obligation. Details TBD.
AI Summary
Constellation Acquisition Corp I filed an 8-K on August 23, 2024, reporting the creation of a direct financial obligation. The filing does not specify the exact nature or amount of the obligation, but it is categorized under 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant'.
Why It Matters
This filing indicates a new financial commitment or obligation for Constellation Acquisition Corp I, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a new financial obligation, but the lack of specific details about the amount and nature of this obligation introduces uncertainty.
Key Players & Entities
- Constellation Acquisition Corp I (company) — Registrant
- August 23, 2024 (date) — Date of earliest event reported
FAQ
What is the specific nature of the direct financial obligation reported by Constellation Acquisition Corp I?
The filing does not specify the exact nature of the direct financial obligation, only that it falls under the category of 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant'.
What is the dollar amount of the financial obligation?
The filing does not disclose the specific dollar amount of the financial obligation.
When was this financial obligation created or reported?
The earliest event reported in relation to this obligation was on August 23, 2024.
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'.
What is the filing date of this 8-K report?
The 8-K report was filed on August 23, 2024.
Filing Stats: 598 words · 2 min read · ~2 pages · Grade level 14.5 · Accepted 2024-08-23 16:15:25
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
- ea0212234-8k_constell1.htm (8-K) — 32KB
- 0001213900-24-072222.txt ( ) — 257KB
- cstaf-20240823.xsd (EX-101.SCH) — 4KB
- cstaf-20240823_def.xml (EX-101.DEF) — 27KB
- cstaf-20240823_lab.xml (EX-101.LAB) — 37KB
- cstaf-20240823_pre.xml (EX-101.PRE) — 25KB
- ea0212234-8k_constell1_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 August 23, 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 August 23, 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 August 29, 2024 to September 29, 2024 (the "Extension"). The Extension is the seventh 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. 1 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: August 23, 2024 CONSTELLATION ACQUISITION CORP I By: /s/ Chandra R. Patel Name: Chandra R. Patel Title: Chief Executive Officer 2