Company: CRAC
Filing Date: 2025-09-25
Form Type: S-1/A
Source: 0001213900-25-091297
Chunk: 351

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-09-25
Form: S-1/A
Chunk 351
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15. Recent Sales of Unregistered Securities. On May 12, 2025, the Sponsor paid $25,000 to cover certain offering costs in exchange for 4,312,500 founder shares. Up to 562,500 founder shares are subject to forfeiture by the sponsor depending on the extent to which the underwriters’ over -allotmentoption is exercised. If none of the founder shares are forfeited, the resulting purchase price would be approximately $0.006 per share. The number of founder shares issued was determined based on the expectation that the founder shares would represent 20% of the issued and outstanding ordinary shares upon completion of this offering. Such securities were issued in connection with our incorporation pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act. The Sponsor is an accredited investor for purposes of Rule 501 of Regulation D. The sole business of our sponsor is to act as the Company’s sponsor in connection with this offering.

II-1

In addition, our sponsor has committed to purchase an aggregate of 346,875 private placement units (or 375,000 private placement units if the underwriters’ over -allotmentoption is exercised in full), at a price of $8.00 per unit ($2,775,000 in the aggregate, or $3,000,000 in the aggregate if the underwriters’ over -allotmentoption is exercised in full), in a private placement that will close simultaneously with the closing of this offering. Each private placement unit consists of one Class B -2Unit and two Class C Units. Each Class B -2Unit consists of one Class A ordinary share and one Share Right. Each Class C Unit consists of one Class A ordinary share and one Share Right. We anticipate there will be ten to fifteen institutional investors (none of which is affiliated with any member of our management, any other member of our sponsor, or any other investor) and five to ten individual investors, which we collectively refer to as the “non -managingsponsor members” throughout this prospectus, to indirectly purchase, through the purchase of non -managingsponsor membership interests, an aggregate of 253,125 or 281,250 of the 346,875 or 375,000 private placement units, respectively, being purchased by our sponsor at a price of $8.00 per unit ($2,025,000 or $2,250,000 out of the $2,775,000 or $3,000,