Company: CRAC
Filing Date: 2025-07-11
Form Type: S-1/A
Source: 0001213900-25-063347
Chunk: 170

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-07-11
Form: S-1/A
Chunk 170
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 in our Company. Although our sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our Company. Eric Sherb, the managing member of Crown Acquisition Sponsor LLC, holds voting and investment discretion with respect to the securities held of record by the sponsor. As of the date hereof, other than Mr.Sherb, no other person has a direct or indirect material interest in our sponsor. Mr.Sherb owns membership interests in our sponsor, which currently represents approximately 100% of the economic interests in our sponsor. Our Sponsor has committed to purchase an aggregate of 261,000 private placement units (or 300,000 private placement units if the underwriters’ over -allotmentoption is exercised in full) at a price of $10.00 per unit ($2,610,000 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 is exercisable for one Class A ordinary share and one Share Right, subject to adjustment as provided herein. The non -managingsponsor investors have expressed an interest in purchasing non -managingmembership interests in our sponsor, reflecting interests in an aggregate of 195,750 or 225,000 of the 261,000 or 300,000 private placement units, respectively, being purchased by our sponsor at a price of $10.00 per unit ($1,957,500 or $2,250,000 in the aggregate) in the private placement. See “Summary — The Offering — Private placement units.” In addition, the non -managingsponsor investors will receive an indirect interest in an aggregate of 2,718,750 (or up to 3,312,500 founder shares if the underwriters’ over -allotmentis exercised in full) held by the sponsor through membership interests in our sponsor but will have no right to control the sponsor or participate in any decision regarding the disposal of any security held by the sponsor, or otherwise. Other than Mr.Sherb and the non -managingsponsor investors, there is no other member of our sponsor will participate in our Company’s activities. Assuming all prospective non -managingsponsor investors are issued membership interests in our sponsor, Mr.Sherb will hold approximately 25% of the sponsor membership interests reflecting indirect interests