Company: CRAC
Filing Date: 2025-10-20
Form Type: POS462C
Source: 0001213900-25-100119
Chunk: 350

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-10-20
Form: POS462C
Chunk 350
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 Events Subsequent Events Subsequent events are events or transactions that occur after the balance sheet date but before the financial statements are issued or are available to be issued. These events and transactions either provide additional evidence about conditions that existed at the date of the balance sheet, including the estimated inherent in the process of preparing the financial statements (that is, recognized subsequent events), or provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date (that is, non -recognizedsubsequent events). In accordance with ASC 855, Subsequent Events, the Company has evaluated subsequent events through September3, 2025, which was the date these financial statements were available for issuance and determined that there were no significant unrecognized events through that date aside from the below. Change in Offering Terms The original SPAC deal terms, as filed on May30, 2025, offered 15,000,000 units in the initial public offering at $10.00 per unit, with each unit consisting of one Class A ordinary share and one right to receive one -seventhof a Class A ordinary share upon the completion of a business combination. There was a simultaneous private placement offering of 261,000 private placement units priced and structured identically to the public units. In August 2025, the terms of the offering were amended so that each public unit consisted of one Class A ordinary share, one -halfof one redeemable warrant, and one right to receive one -fifthof a Class A ordinary share, while maintaining the $10.00 offering price. The private placement units were restructured to be offering at $8.00 per unit at a higher quantity (346,875 private placement units), each consisting of one Class B -2Unit and two Class C Units. Each Class B -2Unit consists of one Class A ordinary share and one right to receive one -fifthof a Class A ordinary share. Each Class C Unit consists of one Class A ordinary share and one right to receive one -fifthof a Class A ordinary share. Further, the revised terms also updated the lock -upperiods of the private placement units and component units: the Class A ordinary shares underlying the Class B -2Units are subject to a lock -upuntil the business combination; the Class A ordinary shares underlying the Class C Units are subject to a lock -upuntil 3months after the business combination; and the private placement units are subject to a lock -upuntil the business combination. Refer to Notes1