Constellation Acquisition I draws $5,000 under promissory note with Constellation Sponsor
Constellation Acquisition I drew $5,000 under an unsecured promissory note with Constellation Sponsor, extending its business combination deadline by one month to November 29, 2026. This is the ninth of 11 permitted monthly extensions.
1. Deadline extended
Constellation Acquisition I drew $5,000 on October 29, 2026, under a promissory note dated January 30, 2024, with Constellation Sponsor. The funds were deposited into its shareholder trust account, extending the initial business combination deadline from October 29 to November 29, 2026.
2. Note terms
The note bears no interest and matures when the initial business combination closes. If no business combination is completed, repayment will come only from funds remaining outside the trust account, if any.
