Company: CRAC
Filing Date: 2025-08-01
Form Type: S-1/A
Source: 0001213900-25-070728
Chunk: 318

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-08-01
Form: S-1/A
Chunk 318
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 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 one -for -onebasis, subject to adjustment. In the case that additional Class A Ordinary Shares, or equity -linkedsecurities, are issued or deemed issued in excess of the amounts offered in the Proposed F-15 CROWN RESERVE ACQUISITION CORP. I
NOTES TO FINANCIAL STATEMENTS Note 7 — Shareholder’s Equity (cont.) Public Offering and related to the closing of the initial Business Combination, the ratio at which Class B Ordinary Shares shall convert into Class A Ordinary Shares will be adjusted (unless the holders of a majority of the outstanding Class B Ordinary Shares agree to waive such adjustment with respect to any such issuance or deemed issuance) so that the number of Class A Ordinary Shares issuable upon conversion of all Class B Ordinary Shares will equal, in the aggregate, on an as -convertedbasis, 20% of the sum of the total number of all shares of Ordinary Shares outstanding upon the completion of the Proposed Public Offering (irrespective of whether or not such ordinary shares are redeemed in connection with our initial business combination) plus all Class A Ordinary Shares and equity -linkedsecurities issued or deemed issued in connection with the initial Business Combination (excluding any shares or equity -linkedsecurities issued, or to be issued, to any seller in our initial business combination, and any ordinary shares issued upon exercise of private placement units issued to the Sponsor or its affiliates upon conversion of loans made to us). Holders of Founder Shares may also elect to convert their Class B Ordinary Shares into an equal number of Class A Ordinary Shares, subject to adjustment as provided above, at any time. Preference Shares —The Company is authorized to issue 5,000,000 preference shares with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. As of May 15, 2025, there were no preference shares issued or outstanding. Share Rights Except in cases where we are not the surviving company in a business combination, each holder of a Share Right will automatically receive one -seventh(1/7) of one Class A