Company: CRAC
Filing Date: 2025-10-20
Form Type: POS462C
Source: 0001213900-25-100119
Chunk: 310

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-10-20
Form: POS462C
Chunk 310
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 as a result of such transfer, any related Section 16 filing includes a practical explanation as to the nature of the transfer). Polaris may, in its sole discretion, release any of the securities subject to these lock -upagreements at any time without notice. Our sponsor, officers and directors are also subject to separate transfer restrictions on their founder shares and private placement units pursuant to the letter agreement as described herein. Except as described herein, pursuant to a letter agreement entered into with us, our sponsor and our directors and executive officers have agreed not to transfer, assign or sell any of their founder shares until the earliest of (A) one year after the completion of our initial business combination and (B) subsequent to our initial business combination, (x) if the closing price of our Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub -divisions, share capitalizations, reorganizations, recapitalizations and other similar transactions) for any 20 trading days within any 30 -tradingday period commencing at least 150 days after our initial business combination, or (y) the date on which we complete a liquidation, merger, share exchange or other similar transaction that results in all of our public shareholders having the right to exchange their ordinary shares for cash, securities or other property (except pursuant to limited exceptions as described under “Principal Shareholders — Transfers of Founder Shares and Private Placement Units”). Any permitted transferees would be subject to the same restrictions and other agreements of our sponsor and our directors and executive officers with respect to any founder shares. The private placement units and the Class B -2Units (and the Class A ordinary shares issuable upon their exercise) will not be transferable, assignable or salable until the completion of our initial business combination; and the Class C Units (and the Class A ordinary shares issuable upon their exercise) will not be transferable, assignable, or salable until three months after the completion of our initial business combination (except pursuant to limited exceptions as described under “Principal Shareholders — Transfers of Founder Shares and Private Placement Units”). We have agreed to indemnify the underwriters against certain liabilities under the Securities Act, or contribute to payments that the underwriters may be required to make in that respect. We expect our units to be listed on Nasdaq, under the symbol “CRACU” and, once the Class A ordinary shares, warrants, and Share Rights begin separate trading, to have our Class A ordinary shares, warrants, and