Crown Reserve Acquisition Corp. I Units (CRACU)

KY — Financial Services Sector
Peers:

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News

Crown Reserve Acquisition Corp. I Announces the Closing of $172,500,000 Initial Public Offering
CRACU
Published: November 10, 2025 by: GlobeNewsWire
Sentiment: Neutral

Grand Cayman, Cayman Islands, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Crown Reserve Acquisition Corp. I (the “Company”) (Nasdaq: CRACU) announced today the closing of its initial public offering of 17,250,000 units at a price of $10.00 per unit, including 2,250,000 units sold pursuant to the full exercise of the underwriter's over-allotment option. The offering resulted in gross proceeds of $172,500,000. The units began trading on the Nasdaq Global Market (“Nasdaq”) on November 7, 2025, under the ticker symbol “CRACU.” Each unit consists of one Class A ordinary share, one-half of one redeemable warrant, and one right (the “Share Right”) to …

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image for news Crown Reserve Acquisition Corp. I Announces the Closing of $172,500,000 Initial Public Offering

About Crown Reserve Acquisition Corp. I Units (CRACU)

  • IPO Date 2025-11-07
  • Website None
  • Industry Shell Companies
  • CEO Prashant Patel
  • Employees None

Crown Reserve Acquisition Corp. I focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2025 and is based in Grand Cayman, Cayman Islands.