Constellation Acquisition Corp I extends business combination deadline with $5,000 deposit

Constellation Acquisition Corp I (OTC:CSTAF) on Tuesday deposited $5,000 into its trust account, enabling the company to extend the deadline for completing its initial business combination from November 29, 2025, to December 29, 2025. The extension was approved unanimously by the company’s extension committee, according to a statement in a Securities and Exchange Commission filing.

The funds were drawn under an unsecured promissory note dated January 30, 2024, between the company and Constellation Sponsor LP. The note does not bear interest and is set to mature upon the closing of Constellation Acquisition Corp I’s initial business combination. If the company does not complete a business combination, the note will be repaid only from funds remaining outside the company’s trust account, if any.

This marks the tenth of eleven one-month extensions permitted under the company’s amended and restated memorandum and articles of association, providing additional time to finalize a business combination. The company’s Class A ordinary shares are traded on the OTC Pink Market under the ticker CSTAF, while its redeemable warrants and units are listed on the OTCQB Venture Market under the tickers CSTWF and CSTUF, respectively.

The information is based on a press release statement included in the company’s filing with the Securities and Exchange Commission.

In other recent news, Constellation Acquisition Corp I has taken steps to extend its business combination deadline. The company announced that it has deposited $5,000 into its trust account to push the deadline from August 29, 2025, to September 29, 2025. This extension was approved by the board’s extension committee through a unanimous resolution on August 19, 2025. The funds for this extension were sourced from an unsecured promissory note dated January 30, 2024, between Constellation Acquisition Corp I and Constellation Sponsor LP. These developments indicate the company’s continued efforts to finalize its initial business combination.

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