Company: CRAC
Filing Date: 2025-09-25
Form Type: S-1/A
Source: 0001213900-25-091297
Chunk: 150

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-09-25
Form: S-1/A
Chunk 150
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| Retained earnings (accumulated deficit)                                                                                                                                 |     |              |       — |     |                |     199,521 |
| Total shareholder’s equity                                                                                                                                              |     |              |  25,000 |     |                |     200,000 |
| Total capitalization                                                                                                                                                    |     | $            | 135,000 |     | $              | 150,720,000 |

____________ (1)Assumes no exercise of the underwriter’s over -allotmentoption and the corresponding forfeiture of 562,500 Class B ordinary shares held by our sponsor. (2)Our sponsor has agreed to loan us up to $5,000,000 to be used for a portion of the expenses of this offering. To date, we have borrowed $110,000 under the promissory note with our sponsor. (3)The $220,000 over -allotmentliability represents the projected value of the 45 -dayover -allotmentoption granted to the underwriter to purchase up to 2,250,000 additional units at the initial public offering price, less the underwriting commissions. This over -allotmentoption is considered a freestanding financial instrument, indexed on the contingently redeemable shares, and is accounted for as a liability in accordance with ASC 480. (4)Upon the completion of our initial business combination, we will provide our public shareholders with the opportunity to redeem their public shares for cash at a per share price equal to the aggregate amount then on deposit in the trust account calculated as of two business days prior to the consummation of the initial business combination, including interest not previously released to the Company (which interest shall be net of Permitted Withdrawals). While redemptions cannot cause our net tangible assets to fall below $5,000,001, all ordinary shares are redeemable and classified as such on the balance sheet until such date that a redemption event takes place. (5)All of the 15,000,000shares of Class A ordinary shares sold as part of the units in the offering contain a redemption feature which allows for the redemption of such public shares in connection with our liquidation, if there is a shareholder vote or tender offer in connection with the business combination and in connection with certain amendments to our amended and restated memorandum and articles of association. In accordance with SEC and its guidance on redeemable equity instruments, which has been codified in ASC 480 -10-S99, redemption provisions not solely