# EDGAR Filing Document

**Accession Number:** 0002070887
**File Stem:** 0000000000-25-010175
**Filing Date:** 2025-9
**Character Count:** 5999
**Document Hash:** 6808452d3a4e227c06d2ae848f199acb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-010175.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0000000000-25-010175

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250918

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Crown Reserve Acquisition Corp. I
- **CENTRAL INDEX KEY:** 0002070887
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 333-287674

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** CRICKET SQUARE
- **STREET 2:** HUTCHINS DRIVE PO BOX 2681
- **CITY:** GRAND CAYMAN
- **PROVINCE COUNTRY:** E9
- **ZIP:** 00000
- **BUSINESS PHONE:** 5167139590

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** CRICKET SQUARE
- **STREET 2:** HUTCHINS DRIVE PO BOX 2681
- **CITY:** GRAND CAYMAN
- **PROVINCE COUNTRY:** E9
- **ZIP:** 00000
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001213900-25-049453

## Text-Extract

```

                                                            September 18, 2025

Prashant Patel
Chairman and Chief Executive Officer
Crown Reserve Acquisition Corp. I
Conyers Trust Company (Cayman) Limited
Cricket Square, Hutchins Drive
PO Box 2681
Grand Cayman KY1-1111
Cayman Islands

        Re: Crown Reserve Acquisition Corp. I
            Amendment No. 5 to Registration Statement on Form S-1
            Filed September 4, 2025
            File No. 333-287674
Dear Prashant Patel:

     We have reviewed your amended registration statement and have the
following
comments.

        Please respond to this letter by amending your registration statement
and providing
the requested information. If you do not believe a comment applies to your
facts and
circumstances or do not believe an amendment is appropriate, please tell us why
in your
response.

       After reviewing any amendment to your registration statement and the
information
you provide in response to this letter, we may have additional comments.

Amendment No. 5 to Registration Statement on Form S-1
Cover Page

1.     We note your revised disclosure referring to the shorter initial
completion window of
       12 months and an initial extension period. Please also revise to
describe the terms
       regarding the automatic initial extension of three months. Refer to Item
1602(a)(1) of
       Regulation S-K.
 September 18, 2025
Page 2
2.     We note your disclosure in the sixth paragraph that each private
placement unit is
       subject to adjustment. Please revise your disclosure to address such
adjustments or
       provide a cross-reference to the disclosure where found in your
prospectus.
Founder shares, page 22

3.     We refer to your revised disclosures that the private placement units
that are being
       issued to the sponsor, comprising of Class B-2 and Class C Units, each
consist
       of three shares of Class A ordinary shares. Please correspondingly
update your
       disclosures regarding the number or percentage of public shares that
would be needed
       to approve an initial business combination. Additionally, please expand
your
       disclosures throughout, including any applicable exhibits, to clarify
whether
       the waiver of liquidating distributions also applies to the shares in
the private
       placement.
Description of Securities, page 154

4.     Please discuss the terms associated with the Class B-2 and Class C units
now
       comprising the private placement units, and any terms that are different
than the
       public offering units. For example, expand to include a discussion of
the adjustment
       provisions.
Notes to Financial Statements
Note 7 - Shareholder's Equity
Warrants, page F-16

5.     We note your inclusion of the Form of Warrant Agreement as Exhibit 4.6
to the filing
       and the related disclosures on the warrants throughout the filing.
Please tell us what
       consideration you gave to providing an accounting policy in the notes to
the financial
       statements for the public warrants to be issued in conjunction with your
offering.
Note 9 - Subsequent Events, page F-21

6.     We note you evaluated subsequent events through May 30, 2025, which you
state was
       the date the financial statements were available for issuance. However
as the report
       from your independent auditor is dated September 3, 2025, please tell us
why you
       have not updated the date through which subsequent events were evaluated
through
       the audit report date or revise as appropriate.
Exhibits

7.     Please reconcile the disclosure in your filing fee exhibit with the
number of securities
       being offered as stated in the registration statement, or advise.
8.     Please file an amended Cayman Islands legal opinion without
inappropriate
       assumptions. For example, see assumptions iii, v, vii, and xvi. It is
not appropriate
       for counsel to include in its opinion assumptions that assume any of the
material facts
       underlying the opinion. Refer to Section II.B.3.a of Staff Legal
Bulletin No. 19,
       Legality and Tax Opinions in Registered Offerings (October 14, 2011).
 September 18, 2025
Page 3

       Please contact Peter McPhun at 202-551-3581 or Mark Rakip at
202-551-3573 if you
have questions regarding comments on the financial statements and related
matters. Please
contact Isabel Rivera at 202-551-3518 or Dorrie Yale at 202-551-8776 with any
other
questions.

                                                         Sincerely,

                                                         Division of
Corporation Finance
                                                         Office of Real Estate
& Construction
cc:   Rajiv Khanna, Esq.

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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