Company: CRAC
Filing Date: 2025-05-30
Form Type: S-1
Source: 0001213900-25-049453
Chunk: 2

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-05-30
Form: S-1
Chunk 2
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 Corp. I is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific target business and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any target business regarding any initial business combination with our company. This is the initial public offering of our securities. Each unit has an offering price of $10.00 and consists of one Class A ordinary share and one right to receive one -seventh(1/7) of one Class A ordinary share upon the consummation of our initial business combination. We refer to the rights included in the units as Share Rights. We have also granted the underwriters a 45 -dayoption to purchase from the date of this prospectus up to an additional 2,250,000 units to cover over -allotments, if any. We will provide our public shareholders with the opportunity to redeem all or a portion of their Class A ordinary shares upon the completion of our initial business combination at a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the trust account described below as of two business days prior to the consummation of our initial business combination, including interest not previously released to the Company (which interest shall be net of Permitted Withdrawals) and minus any and all costs, fees and expenses, liabilities and contingent liabilities payable by the Company to its legal advisors and auditor, divided by the number of then issued and outstanding Class A ordinary shares that were sold as part of the units in this offering, which we refer to collectively as our public shares, subject to the limitations described herein. If we are unable to complete our initial business combination within 24 months from the closing of this offering, or during any Extension Period (as defined below), we will redeem 100% of the public shares at a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest not previously released to the Company (less any and all costs, fees and expenses, liabilities and contingent liabilities payable by the Company to its legal advisors and audiors and up to $100,000 of interest to pay dissolution expenses and which interest shall be net of Permitted Withdrawals) divided by the number of then issued