Company: CRAC
Filing Date: 2025-09-24
Form Type: S-1/A
Source: 0001213900-25-090802
Chunk: 312

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-09-24
Form: S-1/A
Chunk 312
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 the price of our units may be higher than the price that might otherwise exist in the open market. These transactions may be effected on Nasdaq or otherwise and, if commenced, may be discontinued at any time. We have agreed to issue to Polaris and/or its designees, 375,000 Polaris units (or up to 431,250 Polaris units if the underwriters’ over -allotmentoption is exercised in full) upon the consummation of this offering. The Polaris units will be identical to the units sold in this offering except that Polaris has agreed not to transfer, assign or sell any such Polaris units (or the Class A ordinary shares, warrants, or Share Rights included in the Polaris units) without prior consent of the Company until the completion of our initial business combination. In addition, Polaris has agreed to (i) waive its redemption rights with respect to such Polaris units (including the Class A ordinary shares included in the Polaris units) in connection with the completion of our initial business combination, and (ii) waive its rights to liquidating distributions from the trust account with respect to such Polaris units (including the Class A ordinary shares included in the Polaris units) if we fail to complete our initial business combination within 12months from the closing of this offering or at the end of any Extension Period. These Polaris units, the Class A ordinary shares included in the Polaris units, the warrants and Share Rights included in the Polaris units, and the Class A ordinary shares underlying the warrants and Share Rights included as part of the Polaris units are being registered in the registration statement of which this prospectus forms a part. The Polaris units will be deemed compensation by FINRA and, in addition to the restriction on transfer discussed above, the Polaris units (including the Class A ordinary shares included in the Polaris units, the warrants and Share Rights included in the Polaris units, and the Class A ordinary shares underlying the warrants and Share Rights included as part of the Polaris units) are therefore subject to a minimum lock -upfor a period of 180 days beginning on the date of the commencement of sales in this offering of which this prospectus forms a part pursuant to FINRA Rule 5110 (e)(1), subject to the exceptions pursuant to FINRA Rule 5110(e)(2). Pursuant to FINRA Rule 5110(e)(1), these securities will not be the subject of any hedging, short sale, derivative, put