Constellation Capital extends deadlines for AW purchase

Executive Summary

• Constellation Capital Corp. and Active Witness Corp. have mutually agreed to extend the key deadlines associated with their proposed acquisition.
• The bridge financing completion deadline is now December 31, 2025 (up from November 15, 2025).
• The concurrent private placement deadline is extended to March 31, 2026 (up from February 13, 2026), and the overall LOI termination date moves to April 15, 2026 (up from February 27, 2026).

Key Details

• Original LOI Terms (Sept. 29, 2025):
• Active Witness to complete a bridge financing of $250k‑$450k before the acquisition, originally due by Nov. 15, 2025.
• A second private placement up to $3 million, originally due by Feb. 13, 2026, subject to exchange approval.

• LOI set to terminate on Feb. 27, 2026 unless extended in writing.

• Extended Deadlines:

• Bridge financing deadline: Dec. 31, 2025 (previously Nov. 15, 2025).
• Concurrent private placement deadline: Mar. 31, 2026 (previously Feb. 13, 2026).

• LOI termination date: Apr. 15, 2026 (previously Feb. 27, 2026).

• Implications:

• Provides additional time for Active Witness to secure financing and obtain required exchange approvals, reducing risk of premature LOI termination.

• No change to the fundamental terms of the proposed acquisition; only timeline adjustments.

• Trading Status:

• Shares of Constellation Capital Corp. remain halted on the exchange pending fulfillment of the extended conditions.

Notable Quotes

(No direct quotes were provided in the release.)