Company: CRAC
Filing Date: 2025-11-10
Form Type: NT 10-Q
Source: 0001213900-25-108274
Chunk: 1

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-11-10
Form: NT 10-Q
Chunk 1
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 or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and |                                                                                                                                    |
|   | -c |    | The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.                                                                                                                                                                                                                                                                                                                                                                 |                                                                                                                                    |

| SEC 1344 (06-19) |     | Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |

<div align='center'>PART III - NARRATIVE</div>

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D,
N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

On November 10, 2025, Crown Reserve Acquisition Corp. I (the “Company”)
completed its initial public offering of 17,250,000 units (including the full exercise of the underwriter’s over-allotment option)
at a price of $10.00 per unit (the “Offering”). In connection with the Offering, the Company requires additional time to finalize
its disclosure regarding the Offering in the subsequent events section of its 10-Q without unreasonable effort or expense. The Company
expects to file its Form 10-Q for the second quarter ending June 30, 2025, which would have been due today, November 10, 2025 (in accordance
with SEC rules regarding initial periodic reports filed after a registration statement is declared effective), within the five-day period
provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended, no later than November 17, 2025, and simultaneously with
the filing of its Form 10-Q for the third quarter ending September 30, 2025 for efficiency purposes.

<div align='center'>PART IV - OTHER INFORMATION</div>

| (1) |     | Name and telephone number of person to contact in regard to this notification                                                                                                                                                                                                                                                               |     |            |     |                   |
|     |     | Eric Sherb                                                                                                                                                                                                                                                                                                                                  |     |       -516 |     | 713