Company: CRAC
Filing Date: 2025-07-16
Form Type: S-1/A
Source: 0001213900-25-064764
Chunk: 320

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-07-16
Form: S-1/A
Chunk 320
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 Commitments and Contingencies (cont.) Registration Rights The holders of (i) founder shares, which were issued in a private placement prior to the closing of this offering, (ii) private placement units which will be issued in a private placement simultaneously with the closing of this offering and the Class A ordinary shares and private placement rights underlying such private placement units and the Class A ordinary shares underlying such rights and (iii) private placement units that may be issued upon conversion of working capital loans and the Class A ordinary shares and private placement rights underlying such private placement units and the Class A ordinary shares underlying such rights will be entitled to registration rights (in the case of the Founder Shares, only after conversion of such shares to Class A Ordinary Shares) pursuant to a registration rights agreement to be signed on or before the date of the prospectus for the Proposed Public Offering. These holders will be entitled to certain demand and “piggyback” registration rights. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until the termination of the applicable lock -upperiod for the securities to be registered. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriter’s Agreement The Company will grant the underwriters a 45 -dayoption from the date of this prospectus to purchase up to 2,250,000 additional Units to cover over -allotments, if any, at the Proposed Public Offering price less the underwriting discounts and commissions. The underwriters will be entitled to an underwriting discount of $0.10 per unit, or $1,500,000 in the aggregate, payable upon the closing of the Proposed Public Offering and the issuance of 375,000 units (or up to 431,250 units if the underwriters’ over -allotmentoption is exercised in full) upon the closing of the Proposed Public Offering. $300,000 will be payable to the underwriters for deferred underwriting commissions. If the underwriters’ over -allotmentoption is exercised, $0.10 per over -allotmentunit, or up to an additional $225,000 or $2,025,000 in the aggregate will be payable to the underwriters. A portion of the deferred underwriting commission may be allocated to third parties at the discretion of the Sponsor. Note 7 — Shareholder’s Equity Ordinary Shares Class A Ordinary Shares— The Company is authorized to issue 300,000,000 Class A Ordinary