Company: CRAC
Filing Date: 2025-09-25
Form Type: S-1/A
Source: 0001213900-25-091297
Chunk: 334

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-09-25
Form: S-1/A
Chunk 334
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 not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans out of the proceeds of the Trust Account released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination, without interest, or, at the lender’s discretion, up to $5,000,000 million of such Working Capital Loans may be convertible into private placement units of the post Business Combination entity at a price of $8.00 per units. Such units would be identical to the private placement units. As of May 15, 2025, the Company has borrowed $110,000 under this arrangement. The note is non -interestbearing, unsecured and due at the earlier of December31, 2025, or the closing of the Proposed Public Offering. The note will be repaid out of the estimated $580,000 of offering proceeds that have been allocated to the payment of offering expenses. F-13 CROWN RESERVE ACQUISITION CORP. I
NOTES TO FINANCIAL STATEMENTS Note 4 — Related Party Transactions (cont.) Support Services The Company intends to pay an affiliate of the Sponsor a fee of approximately $10,000 per month for office space and administrative support services following the consummation of the Proposed Public Offering until the earlier of the consummation of the Business Combination or liquidation. Note 5 — Private Placement Units The Sponsor has committed to purchase an aggregate of 346,875 private placement units (or 375,000 private placement units if the underwriters’ over -allotmentoption is exercised in full) at a price of $8.00 per unit ($2,775,000 in the aggregate, or $3,000,000 in the aggregate if the underwriters’ over -allotmentoption is exercised in full) in a private placement that will close simultaneously with the closing of this offering. Each private placement unit consists of one Class B