Company: CRAC
Filing Date: 2025-11-10
Form Type: NT 10-Q
Source: 0001213900-25-108274
Chunk: 0

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-11-10
Form: NT 10-Q
Chunk 0
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<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING</div>

| (Check one): |     | ☐ Form                           
 10-K  ☐ Form 20-F  ☐ Form        
 11-K  ☒ Form 10-Q                
 ☐ Form                           
 10-D  ☐ Form N-CEN  ☐ Form       
 N-CSR                            
 For Period Ended: June 30, 2025  |
|:-------------|:----|:---------------------------------|
|              |     | ☐ Transition Report on Form 10-K |
|              |     | ☐ Transition Report on Form 20-F |
|              |     | ☐ Transition Report on Form 11-K |
|              |     | ☐ Transition Report on Form 10-Q |
|              |     | For the Transition Period Ended: |

| Read Instructions (on back page) Before Preparing                        
 Form. Please Print or Type.                                              
 Nothing in this form shall be construed to                               
 imply that the Commission has verified any information contained herein. |

If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:

<div align='center'>PART I - REGISTRANT INFORMATION

Crown Reserve Acquisition Corp. I

Full Name of Registrant

Conyers Trust Company (Cayman) Limited

PO Box 2681

Address of Principal Executive Office(Street and Number)

Grand Cayman KY1-1111

Cayman Islands

City, State and Zip Code

PART II - RULES 12b-25(b) AND (c)</div>

If the subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

| ☒ |    | -a |                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; |
|   | -b |    | The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR,