Loan & DebtJun 29, 2026, 04:22 PM
Constellation Acquisition I Extends Business Combination Deadline
AI Summary
Constellation Acquisition Corp I drew $5,000 from an unsecured promissory note with Constellation Sponsor LP. These funds were deposited into the company's trust account, enabling an extension of the deadline to complete its initial business combination from June 29, 2026, to July 29, 2026. This marks the fifth of eleven possible one-month extensions, providing additional time to secure a business combination.
Key Highlights
- Constellation Acquisition Corp I drew $5,000 in Extension Funds.
- Funds deposited into trust account to extend business combination deadline.
- New deadline for initial business combination is July 29, 2026.
- This is the fifth of eleven one-month extensions permitted.
- Funds drawn under an unsecured, non-interest bearing promissory note.
Price Impact
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