Constellation Sponsor LP - Jan 30, 2023 Form 3 Insider Report for Constellation Acquisition Corp I (CSTA)

Role: 10%+ Owner
Signature: Constellation Partner LP, by Antarctica Endurance Manager, LLC, its General Partner, by Chandra Patel, Manager /s/ Chandra Patel
Stock symbol: CSTA
Transactions as of: Jan 30, 2023
Transactions value $: $0
Form type: 3
Date filed: 2/6/2023, 04:33 PM
Next filing: Feb 1, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	CSTA	Class B ordinary shares							Jan 30, 2023	Class A ordinary shares	7.63M		Direct	F1, F3
holding	CSTA	Private Placement Warrants							Jan 30, 2023	Class A ordinary shares	5.47M		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Class B ordinary share ("Class B Shares") will automatically convert into Class A ordinary shares of the Issuer ("Class A Shares") at a ratio of no less than one-to-one on the first business day following the consummation of the Issuer's initial business combination, or earlier at the option of the holder thereof, with the actual conversion rate as described in the section entitled "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-251974) filed with the Securities and Exchange Commission on January 22, 2021 (the "Registration Statement"). The Class B Shares have no expiration date.
F2	Each Private Placement Warrant is exercisable to purchase one Class A Share of the Issuer at an exercise price of $11.50 per share. As described in the Registration Statement, the Private Placement Warrants are identical to the warrants sold in connection with the Issuer's initial public offering, except that the Private Placement Warrants, (i) will not be redeemable by the Issuer, except as described in the Registration Statement, (ii) may not (including the Class A Shares issuable upon exercise of such warrants), subject to certain limited exceptions, be transferred, assigned or sold by until 30 days after the completion of the Issuer's initial business combination, (iii) may be exercised by the holders on a cashless basis and (iv) will be entitled to registration rights.
F3	Antarctica Endurance Manager, LLC, is the general partner of Constellation Sponsor LP. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of such person's pecuniary interest therein, and the filing of this Form 3 shall not be deemed an admission by any of the foregoing of beneficial ownership of such shares for the purposes of Section 16 or for any other purpose.