US Elemental Files Third Amended S-4 for Merger with Constellation Acquisition

Key Facts

1US Elemental filed a third amended Form S-4 registration statement in response to a second round of SEC comments.

2The proposed Nasdaq listing under the ticker ULIT remains on track for the fourth quarter of 2026.

In a move reflecting steady regulatory progress toward finalizing SPAC business combinations, US Elemental has filed its third amended Form S-4 registration statement with the U.S. Securities and Exchange Commission (SEC). This filing addresses the second round of comments from the regulator to ensure the registration statement meets all requirements for the upcoming merger with HiTech Minerals and Constellation Acquisition Corp I. According to reports, the proposed Nasdaq listing under the ticker ULIT remains on track for the fourth quarter of 2026.

This step aims to reduce deal uncertainty by addressing the legal and financial disclosures required by regulators before the transition to a public entity. The amendment is a critical part of the ongoing vetting process preceding the final merger with Constellation Acquisition Corp I, which trades under the ticker CSTAF. Per market data, completing these filings is a prerequisite for shareholder voting and determining the final capitalization of the combined company.

Based on data available as of September 21, 2026, specific closing prices for CSTAF are unavailable, leaving qualitative progress as the primary driver for sentiment. Traders are closely watching the Q4 2026 window for the listing catalyst, while the upcoming economic calendar shows no direct sector-specific events, keeping the focus entirely on further SEC feedback regarding the acceptance of this latest amendment.