Company: CRAC
Filing Date: 2025-07-11
Form Type: S-1/A
Source: 0001213900-25-063347
Chunk: 300

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-07-11
Form: S-1/A
Chunk 300
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MENTS

|                                                                         |     | Page |
| Report of Independent Registered Public Accounting Firm (PCAOB ID #587) |     | F-2  |
| Balance Sheet                                                           |     | F-3  |
| Statement of Operations                                                 |     | F-4  |
| Statement of Changes in Shareholder’s Equity                            |     | F-5  |
| Statement of Cash Flows                                                 |     | F-6  |
| Notes to Financial Statements                                           |     | F-7  |

F-1

| New York Office:   
 805 Third Avenue   
 New York, NY 10022 
 212.838.5100       
 www.rbsmllp.com    |

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Shareholder and Board of Directors of
Crown Reserve Acquisition Corp. I Opinion on the Financial Statements We have audited the accompanying balance sheet of Crown Reserve Acquisition Corp. I (the “Company”) as of May 15, 2025, the related statements of operations, changes in shareholder’s equity and cash flows for the period from April 29, 2025 (inception) through May 15, 2025, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of May 15, 2025, and the results of its operations and its cash flows for the period from April 29, 2025 (inception) through May 15, 2025, in conformity with accounting principles generally accepted in the United States of America. Explanatory Paragraph — Going Concern The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As more fully described in Note 1, the Company’s ability to execute its business plan is dependent upon its completion of the proposed initial public offering described in Note 3 to the financial statements. The Company lacks the financial resources it needs to sustain operations for a reasonable period of time, which is considered to be one year from the issuance date of the financial statements. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Notes 1 and 3. The financial statements do not include any adjustments that become necessary should the Company be unable to continue as a going concern. Basis for Opinion These financial statements are the responsibility of the Company’s management