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Constellation Acq CRP WTS (CSTWF) 10-K Filings

CSTWF OTC

Here are the 10-K annual reports from Constellation Acq CRP WTS (CSTWF) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-K covers the audited annual report, with the full financial statements, so if you follow CSTWF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CSTWF filings page.

Rhea-AI Summary

Constellation Acquisition Corp I, a Cayman Islands SPAC, details its efforts to complete a Business Combination before its Termination Date while disclosing substantial doubt about its ability to continue as a going concern. As of December 31, 2025 it had $4,966 in its operating bank account and a working capital deficit of $6,702,247.

The company has experienced heavy redemptions, leaving its Trust Account at about $628,176 after the January 2026 shareholder meeting and only 46,529 Class A ordinary shares held by public shareholders out of 7,646,529 Class A shares outstanding. It has repeatedly extended its liquidation deadline through shareholder-approved amendments.

On April 9, 2026 Constellation signed a Business Combination Agreement to merge with HiTech Minerals Inc. via newly formed PubCo, based on an implied equity value of $500 million. An affiliate of the sponsor purchased $1,550,000 of 12.0% Series A Cumulative Convertible Preferred Stock from HiTech and committed a further $2,500,000 of PubCo equity or equity-linked securities, with dividends up to 15.0% upon default and a conversion-price reset mechanism floored at $7.50 per share. Multiple support and lock-up agreements with the sponsor, Class B holders and Jindalee shareholders are intended to secure votes and restrict redemptions and transfers around closing.