Company: CRAC
Filing Date: 2025-05-30
Form Type: S-1
Source: 0001213900-25-049453
Chunk: 287

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-05-30
Form: S-1
Chunk 287
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back” 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 Shares with a par value of $0.0001 per share. As of May 15, 2025, there were no Class A Ordinary Shares issued or outstanding. Class B Ordinary Shares— The Company is authorized to issue 50,000,000 Class B Ordinary Shares with a par value of $0.0001 per share. Holders of Class B Ordinary Shares are entitled to one vote for each share. As of May 15, 2025, there were 4,312,500 Class B Ordinary Shares outstanding. Of the 4,312,500 Class B Ordinary Shares, an aggregate of up to 562,500shares subject to forfeiture to the Company by the Sponsor for no consideration to the extent that the underwriters’ over -allotmentoption is not exercised in full or in part, so that the initial stockholders will collectively own 20% of the Company’s issued