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UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section
13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of
earliest event reported): July 15, 2026
CONSTELLATION ACQUISITION
CORP I
(Exact name of registrant
as specified in its charter)
| Cayman Islands |
|
001-39945 |
|
98-1574835 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
1290 Avenue of the Americas
10th Floor
New York, NY |
|
10104 |
| (Address of principal executive offices) |
|
(Zip Code) |
(212) 983-1602
Registrant’s telephone
number, including area code
Not Applicable
(Former name or former
address, if changed since last report)
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☒ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Class A ordinary shares, par value $0.0001 per share |
|
CSTAF |
|
OTCID Basic Market |
| Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 |
|
CSTWF |
|
OTCID Basic Market |
| Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant |
|
CSTUF |
|
OTCID Basic Market |
Indicate by check mark
whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☒
If an emerging growth
company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 7.01. Regulation FD Disclosure.
On
July 15, 2026, HiTech Minerals Inc. (“HiTech”) and Constellation Acquisition Corp I (“CSTA”) issued a joint press
release announcing that Ian Rodger, Chief Executive Officer of HiTech and incoming Chief Executive Officer of US Elemental Inc. (the “PubCo”),
will participate in the upcoming Water Tower Research Fireside Chat Series, taking place on Thursday, July 16, 2026 at 2:00 pm ET in order
to discuss the proposed business combination between CSTA, HiTech and PubCo (the “Business Combination”) and anticipated listing
of PubCo on Nasdaq.
The
information in this Item 7.01, including Exhibit 99.1, is furnished and shall not be deemed “filed” for purposes of Section
18 of the Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liabilities under that section, and
shall not be deemed to be incorporated by reference into any filings under the Securities Act of 1933, as amended (the “Securities
Act”) or the Exchange Act, regardless of any general incorporation language in such filings. This Current Report on Form 8-K (this
“Current Report”) will not be deemed an admission as to the materiality of any information of the information in this Item
7.01.
Cautionary Note Regarding
Forward Looking Statements
Certain
statements included in this Current Report are not historical facts but are forward-looking statements, including for purposes of the
safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally
are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,”
“anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,”
“forecast,” “predict,” “potential,” “seem,” “seek,” “future,”
“outlook,” “target,” and similar expressions that predict or indicate future events or trends or that are not
statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking
statements include, but are not limited to (1) statements regarding estimates and forecasts of financial, performance and operational
metrics, projections of market opportunity, anticipated size of the lithium resources, expected support from Jindalee Lithium Limited
(“Jindalee”), expected NPV or post-tax IRR, and planned production per year; (2) references with respect to the anticipated
benefits of the Business Combination and the projected future financial and operational performance of PubCo following the Business Combination,
which may be affected by, among other things, competition, the ability of PubCo to grow and manage growth profitably, maintain relationships
and retain its management and key employees; (3) the sources and uses of cash of the Business Combination; (4) the anticipated capitalization
and enterprise value of PubCo following the consummation of the Business Combination; (5) statements regarding PubCo’s operations
following the Business Combination; (6) the amount of redemption requests made by CSTA’s public shareholders; (7) current and future
potential commercial relationships; (8) plans, intentions or future operations of PubCo or HiTech, including relating to the finalization,
completion of any studies, feasibility studies or other assessments or relating to attainment, retention or renewal of any assessments,
permits, licenses or other governmental notices or approvals, or the commencement or continuation of any construction or operations of
plants or facilities; (9) the ability of PubCo or CSTA to issue equity or equity-linked securities in the future or raise additional capital
in a PIPE financing; (10) the outcome of any legal proceedings that may be instituted against Contracting Parties (as defined below);
(11) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws
or regulations; (12) the ability to meet stock exchange listing standards following the Business Combination; (13) the risk that the Business
Combination disrupts current plans and operations of CSTA, PubCo or HiTech; (14) the availability of federal, state or local government
support, and risks related to extensive regulation, compliance obligations and rigorous enforcement by federal, state, and non-U.S. governmental
authorities; and (15) expectations related to the terms and timing of the Business Combination and the ability of the parties to successfully
consummate the Business Combination. These statements are based on various assumptions, whether or not identified in this Current Report
and on the current expectations of the Contracting Parties’ management and are not predictions of actual performance. These forward-looking
statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as,
a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult
or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Contracting
Parties. These forward-looking statements are subject to a number of risks and uncertainties, as set forth in those set forth in the section
entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Registration Statement
and CSTA’s Annual Report on Form 10-K for the year ended December 31, 2025, and in those other documents that CSTA has filed, or
that PubCo and CSTA will file, with the U.S. Securities and Exchange Commission (“SEC”). If any of these risks materialize
or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements.
The risks and uncertainties above are not exhaustive, and there may be additional risks that none of the Contracting Parties presently
know or that they currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking
statements. In addition, forward looking statements reflect relevant Contracting Parties’ expectations, plans or forecasts of future
events and views as of the date of this Current Report. Each of the Contracting Parties anticipate that subsequent events and developments
will cause those assessments to change. However, while the Contracting Parties may elect to update these forward-looking statements at
some point in the future, each of the Contracting Parties specifically disclaim any obligation to do so. These forward-looking statements
should not be relied upon as representing any of the Contracting Parties’ assessments as of any date subsequent to the date of this
Current Report. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Additional Information
And Where To Find It
In
connection with the Business Combination, CSTA, Jindalee, PubCo and HiTech (together, the “Contracting Parties”) are preparing
a Registration Statement on Form S-4 (the “Registration Statement”) filed with the SEC by PubCo and HiTech, which includes
a proxy statement to be distributed to CSTA’s shareholders in connection with CSTA’s solicitation for proxies for the vote
by CSTA’s shareholders in connection with the Business Combination and other matters as described in the Registration Statement,
as well as the prospectus relating to the offer of the securities of PubCo or CSTA in connection with the completion of the Business Combination.
After the Registration Statement has been filed and declared effective, CSTA will mail a definitive proxy statement and other relevant
documents to its shareholders as of the record date to be established for voting on the Business Combination. CSTA’s shareholders
and other interested persons are advised to read, once available, the preliminary proxy statement/prospectus and any amendments thereto,
and the definitive proxy statement/prospectus, in connection with CSTA’s solicitation of proxies for its extraordinary general meeting
of shareholders to be held to approve, among other things, the Business Combination, because these documents will contain important information
about the Contracting Parties and the Business Combination. Shareholders may also obtain a copy of the preliminary or definitive proxy
statement, once available, as well as other documents filed with the SEC regarding the Business Combination and other documents filed
with the SEC by CSTA and PubCo, without charge, at the SEC’s website located at www.sec.gov or by directing a request to Constellation
Acquisition Corp I, 1290 Avenue of the Americas, New York, NY 10104.
This
Current Report and its exhibits is not a substitute for the Registration Statement or for any other document that CSTA and/or PubCo may
file with the SEC in connection with the Business Combination.
INVESTORS
AND SECURITY HOLDERS ARE URGED TO READ THE DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE
THEY WILL CONTAIN IMPORTANT INFORMATION. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC
OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY
OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
Participants in the
Solicitation
CSTA,
Jindalee and PubCo and their respective directors and executive officers, under SEC rules, may be deemed to be participants in the solicitation
of proxies of CSTA’s shareholders in connection with the Business Combination. Investors and security holders may obtain more detailed
information regarding CSTA’s directors and executive officers in CSTA’s filings with the SEC, including the Registration Statement
and the other documents filed by CSTA or PubCo with the SEC from time to time. Information regarding the persons who may, under SEC rules,
be deemed participants in the solicitation of proxies to CSTA’s shareholders in connection with the Business Combination, including
a description of their direct and indirect interests, which may, in some cases, be different than those of CSTA’s shareholders generally,
are set forth in the Registration Statement. Shareholders, potential investors and other interested persons should read the Registration
Statement carefully before making any voting or investment decisions. Free copies of any documents described in the foregoing may be obtained
as described under “Additional Information And Where To Find It.”
No Offer and Non-Solicitation
This
Current Report does not constitute (i) a solicitation of a proxy, consent or authorization with respect to any securities or in respect
of the Business Combination or (ii) an offer to sell, or a solicitation of an offer to buy, or a recommendation to purchase, any securities
in any jurisdiction, or the solicitation of any vote, consent or approval in any jurisdiction in connection with the Business Combination
or any related transactions, nor shall there be any sale, issuance or transfer of any securities in any jurisdiction where, or to any
person to whom, such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. This Current Report does not constitute
either advice or a recommendation regarding any securities. No offering of securities shall be made except by means of a prospectus meeting
the requirements of the Securities Act or an exemption therefrom.
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits
| Exhibit Number |
|
Description |
| 99.1 |
|
Joint Press Release issued by HiTech and CSTA, dated July 15, 2026. |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: July 15, 2026
| |
CONSTELLATION ACQUISITION CORP I |
| |
|
| |
By: |
/s/ Chandra R. Patel |
| |
Name: |
Chandra R. Patel |
| |
Title: |
Chief Executive Officer |
Exhibit 99.1
Ian Rodger to Join Water Tower Research Fireside
Chat on the McDermitt Lithium Project and Nasdaq Listing Plans on Thursday, July 16, 2026
New York, New York, July 15, 2026 –
HiTech Minerals Inc. (“HiTech Minerals”), a wholly owned subsidiary of Jindalee Lithium Limited (“Jindalee”) (ASX:
JLL), and Constellation Acquisition Corp. I (“Constellation”) (OTCPK: CSTAF), a special purpose acquisition company sponsored
by affiliates of Antarctica Capital, LLC (“Antarctica”), today announced that Ian Rodger, Chief Executive Officer of HiTech
Minerals and incoming Chief Executive Officer of US Elemental Inc. (the “Company”), will participate in the upcoming Water
Tower Research Fireside Chat Series, taking place on Thursday, July 16, 2026 at 2:00 pm ET. The Company expects to list on Nasdaq under
the ticker symbol “ULIT” upon completion of its proposed business combination with Constellation (the “Transaction”).
The Fireside Chat will be hosted by Dmitry Silverstein,
Managing Director at Water Tower Research, and will cover the following topics:
| ● | Why
the Company is taking one of America’s largest lithium resources public through its proposed Nasdaq listing and business combination
with Constellation? |
| ● | What
makes the McDermitt Project a strategic U.S. lithium asset, including its scale, development potential, and role in strengthening the
domestic battery supply chain? |
| ● | How
government support, responsible development, and improving lithium market fundamentals are creating momentum for critical minerals projects
in North America? |
| ● | The
key technical, permitting, and corporate milestones investors should watch as McDermitt advances toward feasibility and its next phase
of growth. |
This event is open access for all investors to
participate. Interested parties can register for the event through Water Tower Research at: Event Registration Link
ABOUT US ELEMENTAL
US Elemental Inc. is a U.S. lithium development
company focused on advancing large-scale domestic lithium resources. The Company’s portfolio includes the McDermitt Lithium Project
in Oregon and the Clayton North Project in Nevada, which are positioned to support growing demand for battery materials and critical minerals
in the United States.
ABOUT JINDALEE
Jindalee Lithium is an Australian company focused
on developing the McDermitt Lithium Project, one of the largest lithium resources in the U.S. With 100% ownership and unencumbered offtake
rights, Jindalee is strategically positioned to support America’s energy security and domestic supply of critical minerals. In November
2024 the Company completed a Pre-Feasibility Study1 (PFS) confirming McDermitt’s scale, long-life, and low-cost production
potential, with strong engagement from US government agencies, including the Department of Energy.
ABOUT CONSTELLATION ACQUISITION CORP. I AND
ANTARCTICA CAPITAL
Constellation Acquisition Corp. I is a special
purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization,
or similar business combination. Constellation is led by executives of Antarctica, an international investment firm headquartered in New
York with $10 billion of assets under management as of December 31, 2025. Antarctica is dedicated to investments in public and private
markets and the establishment of long-term capital vehicles to leverage this investment focus. For more information about Constellation,
visit https://constellationacquisition.com. For more information about Antarctica, visit https://antarcticacapital.com.
FORWARD-LOOKING STATEMENTS
Certain statements included in this press release
are not historical facts but are forward-looking statements, including for purposes of the safe harbor provisions under the United States
Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,”
“may,” “will,” “estimate,” “continue,” “anticipate,” “intend,”
“expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,”
“potential,” “seem,” “seek,” “future,” “outlook,” “target,” and
similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence
of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to
(1) statements regarding estimates and forecasts of financial, performance and operational metrics, projections of market opportunity,
anticipated size of the lithium resources, expected support from Jindalee, expected NPV or post-tax IRR, and planned production per year;
(2) references with respect to the anticipated benefits of the Transaction and the projected future financial and operational performance
of the Company following the Transaction, which may be affected by, among other things, competition, the ability of the Company to grow
and manage growth profitably, maintain relationships and retain its management and key employees; (3) the sources and uses of cash of
the Transaction; (4) the anticipated capitalization and enterprise value of the Company following the consummation of the Transaction;
(5) statements regarding the Company’s operations following the Transaction; (6) the amount of redemption requests made by Constellation’s
public shareholders; (7) current and future potential commercial relationships; (8) plans, intentions or future operations of the Company
or HiTech Minerals, including relating to the finalization, completion of any studies, feasibility studies or other assessments or relating
to attainment, retention or renewal of any assessments, permits, licenses or other governmental notices or approvals, or the commencement
or continuation of any construction or operations of plants or facilities; (9) the ability of the Company or Constellation to issue equity
or equity-linked securities in the future or raise additional capital in a PIPE financing; (10) the outcome of any legal proceedings that
may be instituted against Constellation, Jindalee, the Company and HiTech Minerals (together, the “Contracting Parties”);
(11) changes to the proposed structure of the Transaction that may be required or appropriate as a result of applicable laws or regulations;
(12) the ability to meet stock exchange listing standards following the Transaction; (13) the risk that the Transaction disrupts current
plans and operations of Constellation, the Company or HiTech Minerals; (14) the availability of federal, state or local government support,
and risks related to extensive regulation, compliance obligations and rigorous enforcement by federal, state, and non-U.S. governmental
authorities; and (15) expectations related to the terms and timing of the Transaction and the ability of the parties to successfully consummate
the Transaction. These statements are based on various assumptions, whether or not identified in the press release, and on the current
expectations of the Contracting Parties’ management and are not predictions of actual performance. These forward-looking statements
are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee,
an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible
to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Contracting Parties. These
forward-looking statements are subject to a number of risks and uncertainties, as set forth in the section entitled “Risk Factors”
and “Cautionary Note Regarding Forward-Looking Statements and Risk Factor Summary” in Constellation’s Annual Report
on Form 10-K for the year ended December 31, 2025 (the “Annual Report”), the section entitled “Risk Factors” and
“Cautionary Note Regarding Forward-Looking Statements” in the Registration Statement on Form S-4 (the “Registration
Statement”) and in those other documents that Constellation has filed, or that the Company and Constellation will file, with the
U.S. Securities and Exchange Commission (the “SEC”). If any of these risks materialize or our assumptions prove incorrect,
actual results could differ materially from the results implied by these forward-looking statements. The risks and uncertainties above
are not exhaustive, and there may be additional risks that none of the Contracting Parties presently know or that they currently believe
are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward
looking statements reflect relevant Contracting Parties’ expectations, plans or forecasts of future events and views as of the date
of the press release. Each of the Contracting Parties anticipate that subsequent events and developments will cause those assessments
to change. However, while the Contracting Parties may elect to update these forward-looking statements at some point in the future, each
of the Contracting Parties specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as
representing any of the Contracting Parties’ assessments as of any date subsequent to the date of the press release. Accordingly,
undue reliance should not be placed upon the forward-looking statements.
ADDITIONAL INFORMATION AND WHERE TO FIND IT
In connection with the Transaction, the Contracting
Parties prepared and the Company filed a Registration Statement with the SEC, which includes a proxy statement to be distributed to Constellation’s
shareholders in connection with Constellation’s solicitation for proxies for the vote by Constellation’s shareholders in connection
with the Transaction and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of
the securities of the Company in connection with the completion of the Transaction. After the Registration Statement has been declared
effective, Constellation will mail a definitive proxy statement and other relevant documents to its shareholders as of the record date
to be established for voting on the Transaction. Constellation’s shareholders and other interested persons are advised to read,
once available, the preliminary proxy statement/prospectus and any amendments thereto, and the definitive proxy statement/prospectus,
in connection with Constellation’s solicitation of proxies for its extraordinary general meeting of shareholders to be held to approve,
among other things, the Transaction, because these documents will contain important information about the Contracting Parties and the
Transaction. Shareholders may also obtain a copy of the preliminary or definitive proxy statement, once available, as well as other documents
filed with the SEC regarding the Transaction and other documents filed with the SEC by Constellation and the Company, without charge,
at the SEC’s website located at www.sec.gov or by directing a request to Constellation Acquisition Corp I, 1290 Avenue of the Americas,
New York, NY 10104.
This press release (i) a solicitation of a proxy,
consent or authorization with respect to any securities or in respect of the Transaction or (ii) is not a substitute for the Registration
Statement or for any other document that Constellation and/or the Company may file with the SEC in connection with the Transaction. INVESTORS
AND SECURITY HOLDERS ARE URGED TO READ THE DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE
THEY WILL CONTAIN IMPORTANT INFORMATION. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC
OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY
OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
PARTICIPANTS IN THE SOLICITATION
Constellation, Jindalee and HiTech Minerals and
their respective directors and executive officers, under SEC rules, may be deemed to be participants in the solicitation of proxies of
Constellation’s shareholders in connection with the Transaction. Investors and security holders may obtain more detailed information
regarding Constellation’s directors and executive officers in Constellation’s filings with the SEC, including the Annual Report
and the other documents filed by Constellation with the SEC from time to time. Information regarding the persons who may, under SEC rules,
be deemed participants in the solicitation of proxies to Constellation’s shareholders in connection with the Transaction, including
a description of their direct and indirect interests, which may, in some cases, be different than those of Constellation’s shareholders
generally, are set forth in the Registration Statement. Shareholders, potential investors and other interested persons should read the
Registration Statement carefully when it becomes available before making any voting or investment decisions. Free copies of any documents
described in the foregoing may be obtained as described under “Additional Information And Where To Find It.”
NO OFFER OR SOLICITATION
This press release does not constitute an offer
to sell, or a solicitation of an offer to buy, or a recommendation to purchase, any securities in any jurisdiction, or the solicitation
of any vote, consent or approval in any jurisdiction in connection with the Transaction or any related transactions, nor shall there be
any sale, issuance or transfer of any securities in any jurisdiction where, or to any person to whom, such offer, solicitation or sale
may be unlawful under the laws of such jurisdiction. This press release does not constitute either advice or a recommendation regarding
any securities. No offering of securities shall be made except by means of a prospectus meeting the requirements of the Securities
Act of 1933, as amended, or an exemption therefrom.
Contacts:
US Elemental/the Company:
Investors & Media
Bryan Baritot
Alliance Advisors IR
USElementalIR@allianceadvisors.com
Constellation:
Investors/Media
Pro-AntarcticaPR@prosek.com
4