Company: CRAC
Filing Date: 2025-09-25
Form Type: S-1/A
Source: 0001213900-25-091297
Chunk: 246

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-09-25
Form: S-1/A
Chunk 246
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 not to propose, or vote in favor of, prior to and unrelated to an initial business combination, an amendment to our amended and restated memorandum and articles of association that would affect the substance or timing of our redemption obligation to redeem all public shares if we cannot complete an initial business combination within the required time period, unless we provide public shareholders an opportunity to redeem their public shares in conjunction with any such amendment. The holders of the private placement units have also agreed not to redeem any private placement shares in connection with a shareholder vote to approve our proposed initial business combination or an amendment to our amended and restated memorandum and articles of association that would affect the substance or timing of our redemption obligation to redeem all public shares or sell any shares to us in any tender offer in connection with our proposed initial business combination, and that the private placement shares shall not participate in any liquidating distribution upon winding up if an initial business combination is not consummated. Polaris units 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