Company: CRAC
Filing Date: 2025-10-20
Form Type: POS462C
Source: 0001213900-25-100119
Chunk: 49

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-10-20
Form: POS462C
Chunk 49
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 extended by three months upon the announcement of our entry into a business combination agreement. However, if we anticipate that we may not be able to consummate our initial business combination within such period, our shareholders may vote for an Extension Period by special resolution to amend our amended and restated memorandum and articles of association to extend the period of time that we have to consummate the initial business combination. There is no limit on the number of extensions that we may seek; however, we do not expect to extend the time period to consummate our initial business combination beyond 36 months from the closing of this offering and the Nasdaq will de-list our securities if our initial business combination is not consummated within 36 months.                                                                                                                                                 |
|                                                         |     | If we are unable to complete our initial business combination within the completion window, or by such earlier date as our board of directors may approve, we will redeem 100% of the public shares at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned thereon not previously released to the Company (net of Permitted Withdrawals and less up to $100,000 of dissolution expenses), divided by the number of then issued and outstanding public shares, subject to applicable law as further described herein.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Expression of Interest                                  |     | None of the non-managing sponsor investors has expressed to us an interest in purchasing any of the units to be sold in this offering. Any potential purchase by the non-managing sponsor investors of units in the offering is not conditioned on their potential indirect investment in private placement units and founder shares. Whether or not the non-managing sponsor investors purchase any units in this offering or in the open market after this offering, the non-managing sponsor investors will have different interests than our other public shareholders in approving the initial business combination due to their indirect ownership of founder shares and private placement units. Depending on how many units are purchased by the non-managing sponsor investors, if any, the post-offering trading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public investors if the non-managing sponsor investors buy a substantial amount of units in this offering. 
 There can be no assurance that the non-managing sponsor investors will acquire any units, either directly or indirectly, in this offering, or as to the amount of the units the non-managing sponsor investors will retain, if any,