Constellation Acquisition Corp I filed a Form 8-K on October 30, 2026, disclosing that on October 29, 2026, the company drew $5,000 under an existing unsecured promissory note to fund a one-month extension of its deadline to complete an initial business combination.

Key Highlights

  • Extension amount: The company drew an aggregate of $5,000 into its trust account on October 29, 2026.
  • Deadline extended: The business combination deadline was extended from October 29, 2026 to November 29, 2026.
  • Ninth of eleven: According to the filing, this extension is the ninth of eleven one-month extensions permitted under the company's amended and restated memorandum and articles of association.
  • Note terms: The unsecured promissory note, dated January 30, 2024, between the company and Constellation Sponsor LP does not bear interest and matures upon closing of an initial business combination.
  • Repayment condition: If no business combination is consummated, the filing states the note will be repaid only from amounts remaining outside of the trust account, if any.
  • Board approval: The draw was approved by unanimous resolution of the extension committee of the company's board of directors, dated October 29, 2026.

Constellation Acquisition Corp I Funds Ninth One-Month Extension via Sponsor Note

According to the Form 8-K filed with the SEC, Constellation Acquisition Corp I drew $5,000 on October 29, 2026, described in the filing as the "Extension Funds," under the unsecured promissory note dated January 30, 2024, between the company and Constellation Sponsor LP. The company deposited these funds into its trust account for its public shareholders, enabling the one-month extension of its initial business combination deadline.

The filing identifies the transaction under Item 2.03, Creation of a Direct Financial Obligation. The Class A ordinary shares trade on the OTCID Basic Market under the symbol CSTAF, with redeemable warrants trading under CSTWF and units under CSTUF. The company is incorporated in the Cayman Islands and is classified as an emerging growth company.

The filing notes that the note does not bear interest and matures upon closing of an 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," the filing states. The extension brings the total number of one-month extensions used to nine, with two remaining under the company's governing documents. The Form 8-K was signed by Chandra R. Patel, Chief Executive Officer.

What Was Disclosed

Constellation Acquisition Corp I disclosed a $5,000 draw under a sponsor promissory note, deposited into trust, extending its business combination deadline by one month to November 29, 2026. This is the ninth of eleven permitted extensions under its governing documents.