Company: CRAC
Filing Date: 2025-05-30
Form Type: S-1
Source: 0001213900-25-049453
Chunk: 258

Company: Crown Reserve Acquisition Corp. I
Filing Date: 2025-05-30
Form: S-1
Chunk 258
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90 |     | $         | 148,500,000 |     | 170,775,000 |

____________ (1)Excludes certain fees and expenses payable to the underwriters in connection with this offering. A description of compensation and other items of value payable to the underwriters is set out herein in “Underwriting.” (2)In addition, the Company will issue 375,000 SAP units (or up to 431,250 SAP units if the underwriters’ over -allotmentoption is exercised in full) to SAP upon the consummation of this initial public offering as part of the underwriting compensation in connection with this offering. The SAP units issued to SAP are identical to the units sold to the public shareholders, and will be freely tradeable other than restrictions on transfer set out herein in “DESCRIPTION OF SECURITIES — Units — SAP Units”. (3)In addition, upon the consummation of the initial business combination, the Company will pay SAP a deferred underwriting fee in an amount of $300,000. We estimate that our non -reimbursedout -of -pocketexpenses for this offering will be approximately $50,000. We have agreed to pay for the FINRA -relatedfees and other reasonable and documented out -of-pocketexpenses related to the offering, including but not limited to background checks and expenses of the underwriters’ legal counsel, not to exceed $150,000. Additionally, we have paid an expense advance to SAP of $50,000 which shall be applied towards the $150,000 expense cap set forth herein. Any portion of the $50,000 expense advance shall be returned back to the Company to the extent not actually incurred. The underwriters have informed us that the underwriters do not intend to make sales to discretionary accounts. We, our sponsor, our officers and directors have agreed that we and they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, without the prior written consent of SAP for a period of 180 days after the date of this prospectus, any units, Share Rights, ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, ordinary shares; provided, however, that we may (1) issue and sell the private placement units; (2) issue and sell the additional units to cover our underwriters’ over -allotmentoption (if any); (3) register with the SEC pursuant to an agreement to be entered into on