Company: CRAC
Filing Date: 2025-07-11
Form Type: S-1/A
Source: 0001213900-25-062977
Chunk: 14

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-07-11
Form: S-1/A
Chunk 14
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 over -allotmentoption is exercised in full) that we agreed to issue to SAP upon the consummation of this initial public offering as part of the underwriting compensation in connection with this offering; •“Share Rights” are to the rights to receive one -seventh(1/7) of a Class A ordinary share upon the consummation of an initial business combination which are being sold as part of the units in this offering, private placement, and the SAP units; and •“sponsor” are to Crown Acquisition Sponsor LLC, a Delaware limited liability company formed for the purpose of acting as the sponsor in connection with this offering and the sponsor conducts no other business; the sponsor is controlled by Eric Sherb, the managing member. All references in this prospectus to our shares being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law. Any conversion of the Class B ordinary shares described in this prospectus will take effect as a redemption of Class B ordinary shares and an issuance of Class A ordinary shares as a matter of Cayman Islands law. All references in this prospectus to our share dividends shall take effect as share capitalizations as a matter of Cayman Islands law. No fractional shares will be issued in connection with the exchange of Share Rights. Accordingly, you must hold Share Rights in multiples of 7 in order to receive Class A ordinary shares for all of your Share Rights upon closing of a business combination. Unless we tell you otherwise, the information in this prospectus assumes that the underwriters will not exercise their over -allotment option and the forfeiture by our sponsor of 562,500 founder shares. Our Company General We are a blank check company incorporated on April 29, 2025 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, which we refer to throughout this prospectus as our initial business combination. We have generated no revenues to date and we do not expect that we will generate operating revenues at the earliest until we consummate our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. Purpose Crown Reserve Acquisition Corp. I intends to identify and acquire a business within an industry or sector that complements the experience of our