Company: CRAC
Filing Date: 2025-09-24
Form Type: S-1/A
Source: 0001213900-25-090802
Chunk: 338

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-09-24
Form: S-1/A
Chunk 338
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allotments, if any, at the Proposed Public Offering price less the underwriting discounts and commissions. The underwriters will be entitled to an underwriting discount of $0.10 per unit, or $1,500,000 in the aggregate, payable upon the closing of the Proposed Public Offering and the issuance of 375,000 units (or up to 431,250 units if the underwriters’ over -allotmentoption is exercised in full) upon the closing of the Proposed Public Offering. $300,000 will be payable to the underwriters for deferred underwriting commissions. If the underwriters’ over -allotmentoption is exercised, $0.10 per over -allotmentunit, or up to an additional $225,000 or $2,025,000 in the aggregate will be payable to the underwriters. A portion of the deferred underwriting commission may be allocated to third parties at the discretion of the Sponsor. Note 7 — Shareholder’s Equity Ordinary Shares Class A Ordinary Shares— The Company is authorized to issue 300,000,000 Class A Ordinary Shares with a par value of $0.0001 per share. As of May 15, 2025, there were no Class A Ordinary Shares issued or outstanding. Class B Ordinary Shares— The Company is authorized to issue 50,000,000 Class B Ordinary Shares with a par value of $0.0001 per share. Holders of Class B Ordinary Shares are entitled to one vote for each share. As of May 15, 2025, there were 4,312,500 Class B Ordinary Shares outstanding. Of the 4,312,500 Class B Ordinary Shares, an aggregate of up to 562,500shares subject to forfeiture to the Company by the Sponsor for no consideration to the extent that the underwriters’ over -allotmentoption is not exercised in full or in part, so that the initial shareholders will collectively own 20% of the Company’s issued and outstanding Ordinary Shares after the Proposed Public Offering. On May 12, 2025, the Sponsor purchased 4,312,500shares of the Company’s Class B Ordinary Shares for an aggregate price of $25,000. Holders of Class A Ordinary Shares and Class B Ordinary Shares will vote together as a single class on all other matters submitted to a vote of shareholders except as required by law. The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the initial Business Combination on a