Company: CRAC
Filing Date: 2025-10-20
Form Type: POS462C
Source: 0001213900-25-100119
Chunk: 87

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-10-20
Form: POS462C
Chunk 87
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 shares underlying the Polaris units). If we increase or decrease the size of the offering, we will effect a capitalization or share surrender or redemption or other appropriate mechanism, as applicable, 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 founder shares, private placement units, and Polaris units will be worthless if we do not complete an initial business combination. 56 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. The non -managingsponsor investors have indicated an interest 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, 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 investor purchasing, through the sponsor, the private placement units allocated to it in connection with the closing of this offering, the sponsor will issue membership interests to the non -managingsponsor investors reflecting interests in an aggregate of 2,750,000 (or up to 3,312,500 founder shares if the underwriters’ over -allotmentis exercised in full) held by the sponsor. The private placement units are described in “Description of Securities — Units —