Company: CRAC
Filing Date: 2025-07-11
Form Type: S-1/A
Source: 0001213900-25-063347
Chunk: 109

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-07-11
Form: S-1/A
Chunk 109
---
 Founder shares                                                                                           |     |   |   3,750,000 |
| Public shares underlying the SAP units                                                                   |     |   |     375,000 |
| Total shares                                                                                             |     |   |  19,386,000 |
| Total funds in trust available for initial business combination (less deferred underwriting commissions) |     | $ | 149,700,000 |
| Public shareholders’ investment per Class A ordinary share(1)                                            |     | $ |       10.00 |
| Sponsor’s investment per Class B ordinary share(2)                                                       |     | $ |       0.006 |
| Initial implied value per public share(3)                                                                |     | $ |        9.97 |
| Implied value per share upon consummation of initial business combination(4)                             |     | $ |        7.72 |

____________ (1)While the public shareholders’ investment is in both the public shares and the Share Rights, for purposes of this table the full investment amount is ascribed to the public shares only. (2)The total investment in the equity of the Company by the sponsor is $2,635,000, consisting of (i) $25,000 paid by the sponsor for the founder shares, and (ii) $2,610,000 paid by the sponsor for 261,000 private placement units. For purposes of this table, the full investment amount is ascribed to the founder shares only. (3)The difference between the implied value per share and the NTBV per share (assuming no exercise of the over -allotmentoption) is primarily attributable to offering -relatedexpenses, associated liabilities and dilution resulting from the conversion of founder shares from Class B ordinary shares to Class A ordinary shares and the Share Rights included in the units sold. The NTBV reflects our tangible assets after accounting for these liabilities, resulting in a lower per share value compared to the initial implied value of the shares. (4)All founder shares would automatically convert into Class A ordinary shares upon completion of our initial business combination or earlier at the option of the holder. The value of the founder shares following completion of our initial business combination is likely to be substantially higher than the nominal price paid for them, even if the trading price of our Class A ordinary shares at such time is substantially less than $10.00 per share. Upon the closing of this offering, assuming no exercise of the underwriters’ over -allotmentoption, our sponsor