Company: CRAC
Filing Date: 2025-10-20
Form Type: POS462C
Source: 0001213900-25-100119
Chunk: 5

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-10-20
Form: POS462C
Chunk 5
---
 immediately prior to the consummation of the offering in such amount as to maintain the ownership of our initial shareholders prior to this offering at 20% of our issued and outstanding ordinary shares (excluding any shares underlying any units our initial shareholders may purchase in this offering, the ordinary shares underlying the private placement units, and the ordinary shares underlying the Polaris units) upon the consummation of this offering. The Class A ordinary shares issuable in connection with the conversion of the Class B ordinary shares may result in material dilution to our public shareholders due to the anti -dilutionrights of our Class B ordinary shares that may result in an issuance of Class A ordinary shares on a greater than one -to-onebasis upon conversion. The founder shares, private placement units, and Polaris units will be worthless if we do not complete an initial business combination. In addition, our sponsor has agreed 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 $3,000,000 in the aggregate) in the private placement. Subject to each non -managingsponsor member purchasing, through the sponsor, the private placement units allocated