Every 10-Q that CONSTELLATION ACQ CRP WTS (CSTWF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, 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.
Constellation Acquisition Corp I is a SPAC that has not yet completed a business combination and reported very small total assets of $691,183 as of June 30, 2026, of which $660,761 is cash in its Trust Account tied to 46,529 redeemable Class A shares. Liabilities totaled $20.8 million, including $3.4 million of warrant liabilities, $4.34 million of deferred underwriting fees and $3.18 million of related-party convertible promissory notes, resulting in a shareholders’ deficit of about $20.7 million.
The company recorded a net loss of $3.94 million for the six months ended June 30, 2026, significantly higher than $0.67 million a year earlier, driven by higher general and administrative expenses and unfavorable warrant revaluation. Management discloses a working capital deficit of $9.82 million (excluding the convertible note) and states that the liquidity position and mandatory liquidation deadline of August 29, 2026 (extendable to January 29, 2027) raise substantial doubt about its ability to continue as a going concern.
On April 9, 2026, Constellation signed a Business Combination Agreement to merge with HiTech Minerals Inc., implying an equity value of $500 million for the combined business, with closing targeted for the second half of 2026, subject to shareholder approvals and customary conditions. Concurrently, an affiliate of the sponsor invested $1.55 million in 12% Series A Convertible Preferred Stock of HiTech and committed an additional $2.5 million in PubCo equity or equity-linked securities, with structured dividend, conversion, and warrant terms. The SPAC has repeatedly extended its termination date through sponsor-funded promissory notes and extension deposits into the Trust Account and now has a very limited public float after multiple large redemptions.
Constellation Acquisition Corp I reported a net loss of $686,786 for the quarter ended March 31, 2026, driven mainly by $1,955,632 of general and administrative costs, partly offset by a $1,263,996 non‑cash gain from lower warrant liabilities. Cash in the operating account was $5,127, with only $641,254 held in the Trust Account, reflecting extensive prior redemptions.
The company has a working capital deficit of $8,672,879 (excluding a $3,181,000 related‑party convertible note) and discloses that mandatory liquidation by the Termination Date of May 29, 2026, or as late as January 29, 2027 with extensions, raises substantial doubt about its ability to continue as a going concern.
On April 9, 2026, Constellation signed a Business Combination Agreement with HiTech Minerals Inc., based on an equity value of $500 million, and its sponsor affiliate invested $1,550,000 in 12.0% Series A Cumulative Convertible Preferred Stock plus a commitment to purchase $2,500,000 of PubCo equity or equity‑linked securities, aiming to support closing the HiTech Business Combination in the second half of 2026.
Constellation Acquisition Corp I filed its quarterly report for the period ended September 30, 2025, reporting a net loss of $1,331,230 driven primarily by a $1,090,196 increase in warrant liability and $248,326 of general and administrative costs. Interest income from the trust contributed $7,292 in the quarter.
Cash held in the trust account was $837,911 after shareholders redeemed $27,428,399 on January 27, 2025. The company reported a working capital deficit of $6,546,604 and disclosed “substantial doubt” about its ability to continue as a going concern within 12 months absent a business combination. Management extended the timeline via monthly deposits and noted a non-binding term sheet announced September 8, 2025 with Jindalee Lithium Limited’s subsidiary, HiTech Minerals, Inc. As of November 13, 2025, 7,664,302 Class A ordinary shares and 150,000 Class B ordinary shares were outstanding.