Company: CRAC
Filing Date: 2025-10-20
Form Type: POS462C
Source: 0001213900-25-100119
Chunk: 339

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-10-20
Form: POS462C
Chunk 339
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 Shares— The Company is authorized to issue 50,000,000 Class B Ordinary Shares with a par value of $0.0001 per share. Holders of Class B Ordinary Shares are entitled to one vote for each share. As of May 15, 2025, there were 4,312,500 Class B Ordinary Shares outstanding. Of the 4,312,500 Class B Ordinary Shares, an aggregate of up to 562,500shares subject to forfeiture to the Company by the Sponsor for no consideration to the extent that the underwriters’ over -allotmentoption is not exercised in full or in part, so that the initial shareholders will collectively own 20% of the Company’s issued and outstanding Ordinary Shares after the Proposed Public Offering. On May 12, 2025, the Sponsor purchased 4,312,500shares of the Company’s Class B Ordinary Shares for an aggregate price of $25,000. Holders of Class A Ordinary Shares and Class B Ordinary Shares will vote together as a single class on all other matters submitted to a vote of shareholders except as required by law. The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the initial Business Combination on a one -for -onebasis, subject to adjustment. In the case that additional Class A Ordinary Shares, or any equity -linkedsecurities, are issued or deemed issued in excess of the amounts offered in the Proposed Public F-15 CROWN RESERVE ACQUISITION CORP. I
NOTES TO FINANCIAL STATEMENTS Note 7 — Shareholder’s Equity (cont.) Offering (including pursuant to the over -allotmentoption) and related to or in connection with the closing of the initial Business Combination, the ratio at which Class B Ordinary Shares shall convert into Class A Ordinary Shares will be adjusted (unless the holders of a majority of the outstanding Class B Ordinary Shares agree to waive such adjustment with respect to any such issuance or deemed issuance) so that the number of Class A Ordinary Shares issuable upon conversion of all Class B Ordinary Shares will equal, in the aggregate, 20% of the sum of the total number of all Class A ordinary shares issued upon the completion of the Proposed Public Offering (irrespective of whether or not such Class A ordinary shares are redeemed in connection with our initial business combination) (including any Class A ordinary shares issued pursuant to the over -allotmentoption and excluding any Class A ordinary shares underlying any units our initial shareholders may purchase in this