Kepos Capital LP Discloses 275,000 Share Stake in Constellation Acquisition Corp I

TL;DR

**Kepos Capital LP just revealed a 275,000 share stake in Constellation Acquisition Corp I.**

AI Summary

Kepos Capital LP, a Delaware-based investment firm, reported beneficial ownership of 275,000 Class A ordinary shares of Constellation Acquisition Corp I (CUSIP G2R18K105) as of December 31, 2023. This filing, an SC 13G, indicates that Kepos Capital LP holds shared voting and dispositive power over these shares. This matters to investors because it reveals a significant institutional investor's stake in the SPAC, potentially signaling confidence or a strategic position ahead of a potential merger.

Why It Matters

This filing shows a notable institutional investor, Kepos Capital LP, has taken a position in Constellation Acquisition Corp I, which could influence future stock performance or merger prospects.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of an institutional ownership stake and does not inherently introduce new risks, but rather transparency.

Analyst Insight

An investor might view this as a positive signal that an institutional investor sees value in Constellation Acquisition Corp I, potentially prompting further research into the SPAC's merger prospects.

Key Numbers

• 275,000 — Class A ordinary shares (total shares beneficially owned by Kepos Capital LP)
• 0 — Sole Voting Power (Kepos Capital LP has no sole voting power)
• 275,000 — Shared Voting Power (Kepos Capital LP has shared voting power over these shares)
• 0 — Sole Dispositive Power (Kepos Capital LP has no sole dispositive power)
• 275,000 — Shared Dispositive Power (Kepos Capital LP has shared dispositive power over these shares)

Key Players & Entities

• Kepos Capital LP (company) — the reporting person and institutional investor
• Constellation Acquisition Corp I (company) — the subject company (issuer) of the securities
• 275,000 (dollar_amount) — number of Class A ordinary shares beneficially owned
• December 31, 2023 (date) — date of the event requiring the filing
• Delaware (company) — place of organization for Kepos Capital LP

Forward-Looking Statements

• Kepos Capital LP will maintain or increase its stake in Constellation Acquisition Corp I. (Kepos Capital LP) — medium confidence, target: Q2 2024

FAQ

Key Financial Figures

• $0.0001 — r) Class A ordinary shares, par value $0.0001 per share (Title of Class of Securitie

Filing Documents

• p24-0359sc13g.htm (SC 13G) — 59KB
• p24-0359exhibit99.htm (EX-99.1) — 4KB
• 0000902664-24-000712.txt ( ) — 64KB

(a)

Item 1(a). NAME OF ISSUER. The name of the issuer is Constellation Acquisition Corp I (the " Company ").

(b)

Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Company's principal executive offices are located at 200 Park Ave, 32 nd Floor, New York, NY 10166.

(a)

Item 2(a). NAME OF PERSON FILING: This statement is filed by: (i) Kepos Capital LP (the " Investment Manager "), a Delaware limited partnership, and the investment adviser to Kepos Special Opportunities Master Fund L.P. (the " Kepos Fund "), with respect to the Class A Ordinary Shares (as defined in Item 2(d) below) directly held by the Kepos Fund; and (ii) Mr. Mark Carhart (" Mr. Carhart "), the managing member of Kepos Capital GP LLC, the general partner of the Investment Manager, with respect to the Class A Ordinary Shares directly held by the Kepos Fund. The foregoing persons are hereinafter sometimes collectively referred to as the " Reporting Persons ." The filing of this statement should not be construed as an admission that any of the foregoing persons or any Reporting Person is, for the purposes of Section 13 of the Act, the beneficial owner of the Class A Ordinary Shares reported herein.

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the business office of each of the Reporting Persons is 11 Times Square, 35 th Floor, New York, New York 10036.

(c)

Item 2(c). CITIZENSHIP: The Investment Manager is a Delaware limited partnership. Mr. Carhart is a citizen of the United States.

(d)

Item 2(d). TITLE OF CLASS OF SECURITIES: Class A ordinary shares, par value $0.0001 per share (the " Class A Ordinary Shares "). CUSIP No. G2R18K105 13G Page 5 of 7 Pages

(e)

Item 2(e). CUSIP NUMBER: G2R18K105 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO §§ 240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) x Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) ¨ Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) x Parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) ¨ Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ¨ Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) ¨ Non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The percentages set forth herein are calculated based upon 4,493,843Class A Ordinary Shares outstanding as of December 26, 2023 as reported in the Company's Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on January 10, 2024. CUSIP No. G2R18K105 13G Page 6 of 7 Pages Item 5. Not applicable. Item 6.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: January 26, 2024 KEPOS CAPITAL LP By: /s/ Simon Raykher Name: Simon Raykher Title: General Counsel /s/ Mark Carhart MARK CARHART

View Full Filing

View this SC 13G filing on SEC EDGAR