Constellation Acquisition Corp I 8-K

What Happened

• Constellation Acquisition Corp I filed an 8‑K (Item 2.03) reporting that, on December 23, 2025, it drew $5,000 (the “Extension Funds”) under an unsecured promissory note dated January 30, 2024 between the Company and Constellation Sponsor LP. The Company deposited the $5,000 into its trust account for public shareholders to extend the deadline to complete its initial business combination from December 29, 2025 to January 29, 2026. The extension was approved by unanimous resolution of the Company’s extension committee and is the final (eleventh) one‑month extension permitted under the Company’s amended and restated memorandum and articles of association.

Key Details

• $5,000 drawn and deposited into the Company’s trust account (Dec 23, 2025).
• New deadline to complete initial business combination: January 29, 2026 (previous deadline: Dec 29, 2025).
• Note: unsecured, dated Jan 30, 2024 (between Company and Constellation Sponsor LP), bears no interest and matures upon closing of the initial business combination.
• If no business combination is completed, the Note will be repaid only from amounts outside the trust account, if any.

Why It Matters

• The company gained one more month to complete its merger/acquisition search, which could affect the timing of any deal announcement or shareholder vote.
• The $5,000 extension payment is small and was placed into the trust for public shareholders; the note does not use trust funds for repayment if no deal occurs.
• This is the last extension allowed under the company’s governing documents, so investors should watch for either a deal announcement or steps toward liquidation if no combination is completed by Jan 29, 2026.