We prove a converse to well-known results by E. Cartan and J. D. Moore. Let $fcolon M^n_ctoQ^{n+p}_{tilde c}$ be an isometric immersion of a Riemannian manifold with constant sectional curvature $c$ into a space form of curvature $tilde c$, and free of weak-umbilic points if $c>tilde{c}$. We show that the substantial codimension of $f$ is $p=n-1$ if, as shown by Cartan and Moore, the first normal bundle possesses the lowest possible rank $n-1$. These submanifolds are of a class that has been extensively studied due to their many properties. For instance, they are holonomic and admit B{a}cklund and Ribaucour transformations.