Constellation Acquisition Corp I announced a private placement of an unsecured promissory note for gross proceeds of $2,668.08 on July 21, 2022. The transaction included participation from an affiliate of returning investor Constellation Sponsor GmbH & Co. KG.

The note doesn't bear an interest rate. The company has issued the note pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933.