Company: CRAC
Filing Date: 2025-09-04
Form Type: S-1/A
Source: 0001213900-25-084243
Chunk: 277

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-09-04
Form: S-1/A
Chunk 277
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 in full) underlying the Polaris units will similarly be freely tradable subject to restrictions on transfer set out herein in “DESCRIPTION OF SECURITIES — Units — Polaris units”. All of the remaining 3,750,000 (or 4,312,500 if the underwriters’ over -allotmentoption is exercised in full) founder shares and all 346,875 (or 375,000 private placement units if the underwriters’ over -allotmentoption is exercised in full) private placement units (including the 1,040,625 and 1,125,000 Class A shares, respectively, underlying the private placement units) are restricted securities under Rule 144, in that they were issued in private transactions not involving a public offering, and are subject to transfer restrictions as set forth elsewhere in this prospectus. Rule 144 Pursuant to Rule 144, a person who has beneficially owned restricted ordinary shares, warrants, or Share Rights for at least six months would be entitled to sell their securities provided that (i) such person is not deemed to have been one of our affiliates at the time of, or at any time during the three months preceding, a sale and (ii) we are subject to the Exchange Act periodic reporting requirements for at least three months before the sale and have filed all required reports under Section 13 or 15(d) of the Exchange Act during the 12 months (or such shorter period as we were required to file reports) preceding the sale. 174 Persons who have beneficially owned restricted ordinary shares, warrants, or Share Rights for at least six months but who are our affiliates at the time of, or at any time during the three months preceding, a sale, would be subject to additional restrictions, by which such person would be entitled to sell within any three -monthperiod only a number of securities that does not exceed the greater of: •1% of the total number of ordinary shares then issued and outstanding, which will equal 201,656 shares immediately after this offering (or 231,188 if the underwriters exercise their over -allotmentoption in full), on an as converted basis; or •the average weekly reported trading volume of the ordinary shares during the four calendar weeks preceding the filing of a notice on Form 144 with respect to the sale. •Sales by our affiliates under Rule 144 are also limited by manner of sale provisions and notice requirements and to the availability of current public information about us. Restrictions on the Use of Rule 144