Tillkännagivande • Apr 30
Constellation Acquisition Corp I announced that it has received $0.005 million in funding On April 28, 2025, Constellation Acquisition Corp I closed the transaction. The company amended the terms of the transaction. The transaction has been approved by unanimous resolution of the extension committee of the board of directors of the company. Tillkännagivande • Apr 02
Constellation Acquisition Corp I announced delayed annual 10-K filing On 04/01/2026, Constellation Acquisition Corp I announced that they will be unable to file their next 10-K by the deadline required by the SEC. Tillkännagivande • Nov 26
Constellation Acquisition Corp I announced that it has received $0.005 million in funding from Constellation Sponsor LP Constellation Acquisition Corp I announced a private placement of an unsecured promissory note for gross proceeds of up to $5,000 on November 25, 2025. The transaction included participation from returning lender, Constellation Sponsor LP. The promissory note does not bear interest and matures upon closing of the Company’s initial business combination. In the event that the company does not consummate a business combination, the promissory note will be repaid only from amounts remaining outside of the Trust Account, if any. The proceeds of the promissory note will be deposited in the Trust Account. Tillkännagivande • Sep 27
Constellation Acquisition Corp I announced that it has received $0.005 million in funding Constellation Acquisition Corp I announced a private placement of an unsecured promissory note for gross proceeds of up to $5,000 on September 26, 2025. The transaction included participation from returning lender, Constellation Sponsor LP. The promissory note does not bear interest and matures upon closing of the Company’s initial business combination. In the event that the company does not consummate a business combination, the promissory note will be repaid only from amounts remaining outside of the Trust Account, if any. The proceeds of the promissory note will be deposited in the Trust Account. Tillkännagivande • Sep 09
HiTech Minerals Inc. entered into a non-binding Letter of Intent to acquire Constellation Acquisition Corp I (OTCPK:CSTA.F) for approximately $750 million in a reverse merger transaction. HiTech Minerals Inc. entered into a non-binding Letter of Intent to acquire Constellation Acquisition Corp I (OTCPK:CSTA.F) for approximately $750 million in a reverse merger transaction on September 9, 2025. The negotiated terms of the LOI contemplate that Jindalee will receive 50 million new shares in NewCo initially valued at $10 per share in consideration for the Transaction, equating to an equity value of $500 million (subject to customary debt adjustments). Upon close, NewCo is expected to list on a US national securities exchange, with Jindalee expected to retain more than 80% ownership (subject to finalizing the terms of the Transaction, including the capital raise). Figure 1 outlines the illustrative change in the Company’s corporate structure in the event the Transaction completes. The LOI includes an initial exclusivity period of 90 days during which Jindalee and Constellation will undertake mutual due diligence and negotiate transaction documents, with execution of a binding Business Combination Agreement (BCA) targeted for Q4 2025. Completion of the Transaction will be subject to customary closing conditions, including but not limited to obtaining Jindalee and Constellation shareholder approvals, regulatory consents, and satisfaction of ASX and US listing requirements, with completion currently targeted for 1H 2026. Tillkännagivande • May 30
Constellation Acquisition Corp I announced that it has received $0.005 million in funding from Constellation Sponsor LP Constellation Acquisition Corp I announced a private placement of an unsecured promissory note for gross proceeds of up to $5,000 on May 28, 2025. The transaction included participation from new investor, Constellation Sponsor LP. The promissory note does not bear interest and matures upon closing of the Company’s initial business combination. In the event that the company does not consummate a business combination, the promissory note will be repaid only from amounts remaining outside of the Trust Account, if any. The proceeds of the promissory note will be deposited in the Trust Account. Tillkännagivande • Apr 01
Constellation Acquisition Corp I announced delayed annual 10-K filing On 03/31/2025, Constellation Acquisition Corp I announced that they will be unable to file their next 10-K by the deadline required by the SEC. Tillkännagivande • Dec 22
Constellation Acquisition Corp I Announces Notification to New York Stock Exchange of Intention to Voluntarily Delist Ordinary Shares, Warrants and Units Constellation Acquisition Corp. I announced its intention to voluntarily delist its Class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), redeemable warrants, each one whole warrant exercisable for one share of Class A ordinary shares at an exercise price of $11.50 (the “Warrants”) and units, each consisting of one share of Class A ordinary shares and one-third of one redeemable warrant (the “Units” and together with the Ordinary Shares and the Warrants, the “Securities”) from The New York Stock Exchange (“NYSE”) and its intention to make an application to have its Securities quoted on the OTCQX Marketplace (“OTCQX”). The Company provided notice of the voluntary delisting to NYSE on December 20, 2023 and intends to timely file a Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) to effect the delisting. It is anticipated that the delisting will become effective on or about January 11, 2024. Although the timing of the Company’s decision was driven in part by the determination it could soon fall out of compliance with NYSE listing standards, the Company has been evaluating its listing options for some time and has concluded that, for the Company, the cost of an NYSE listing, and the management attention required to maintain compliance with NYSE listing standards, outweighs the benefits of being listed on NYSE. Eliminating the effort required to maintain compliance with NYSE listing standards will better enable the Company to focus on its purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to make an application to have its Ordinary Shares quoted on OTCQX and expects that the Ordinary Shares will be quoted on the OTCQX under its current trading symbol “CSTA”, the Warrants will be quoted on the OTCQX under its current trading symbol “CSTA.WS” and the Units will be quoted on the OTCQX under its current trading symbol “CSTA.U” on the next trading day after NYSE trading is no longer available, subject to the approval of the OTCQX. The Company expects that transferring its Securities to the OTCQX will enable its investors to hold and trade its Securities without interruption. The Company will remain subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934, as amended, following the delisting of its Securities from NYSE. Shareholders of the Company will not be required to exchange any Securities, and the Company expects electronic trading to be available without any material disruption. Ultimately, the Company’s board of directors determined that it is in the best interests of the Company and its shareholders to voluntarily delist the Company’s Securities from NYSE and move to the OTCQX at this time. Board Change • Nov 15
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CEO & Chairman Chandra Patel is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Tillkännagivande • Aug 17
Constellation Acquisition Corp I announced delayed 10-Q filing On 08/15/2023, Constellation Acquisition Corp I announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Jan 20
Constellation Acquisition Corp I announced that it has received $0.23 million in funding from Constellation Sponsor GmbH & Co. KG Constellation Acquisition Corp I announced a private placement of an unsecured promissory note for gross proceeds of $230,000 on January 18, 2023. The transaction included participation from returning investor, Constellation Sponsor GmbH & Co. KG. The note was issued at par. The note doesn't bear an interest rate and is payable in full upon the consummation of the company’s business combination or the winding up of the company is effective. At the election of the Sponsor, all or a portion of the unpaid principal amount of the note may be converted into warrants of the company, at a price of $1.50 per warrant, each warrant exercisable for one class A ordinary share, $0.0001 par value per share, of the company. The company has issued the note pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933. Tillkännagivande • Jul 23
Constellation Acquisition Corp I announced that it has received $0.002668 million in funding Constellation Acquisition Corp I announced a private placement of an unsecured promissory note for gross proceeds of $2,668.08 on July 21, 2022. The transaction included participation from an affiliate of returning investor Constellation Sponsor GmbH & Co. KG. The note doesn't bear an interest rate. The company has issued the note pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933. Tillkännagivande • May 18
Constellation Acquisition Corp I announced delayed 10-Q filing On 05/17/2021, Constellation Acquisition Corp I announced that they will be unable to file their next 10-Q by the deadline required by the SEC.