Constellation Acquisition Corp I announced a private placement of an unsecured promissory note for gross proceeds of $18,903.33 on August 23, 2022. The transaction included participation from returning investor Constellation Sponsor GmbH & Co. KG.

The note doesn't bear an interest rate and is payable in full upon the earlier to occur of 24 months from the closing of the initial public offering or the consummation of the company's business combination. A. The company has issued the note pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933. The note was issued at par.