Crown Reserve Acquisition Corp. I Warrants
CRACW
NASDAQ Global Market0.10
USD
+0.02
- -
CIK
0002070887
ISIN
KYG2574S1030
CUSIP
G2574S103
Return %
Stock
S&P500
1Y
10.99
26.53
3Y
10.99
76.60
5Y
10.99
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Prashant Patel
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Conyers Trust Company (Cayman) Limited, PO Box 2681 Grand Cayman Cayman Islands KY1-1111
- IPO Date
- Dec 9, 2025
- CIK
- 0002070887
- Website
- ishares.com
- Similar Companies
- Business
- Crown Reserve Acquisition Corp. I is a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company focuses its search for a target primarily in the pharmaceutical, medical technology, medical equipment, and healthcare IT industries, where its management team possesses core competencies and experience, though it may pursue opportunities in any business or industry or at any stage of corporate evolution. It offers no current products or services beyond its SPAC structure, which includes Class A ordinary shares (CRAC), warrants (CRACW) exercisable at $11.50 per share, rights convertible to 1/5 of one share (CRACR), and units comprising one share, one-half warrant, and one right (CRACU). Founded in 2025 and headquartered at Conyers Trust Company (Cayman) Limited, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands, the company conducts its operations on a global basis with no current employees or ongoing revenue-generating activities. Led by CEO Prashant Patel, a healthcare entrepreneur, and CFO Eric Sherb, with Crown Acquisition Sponsor LLC as sponsor, it targets healthcare-related sectors to leverage management expertise. In November 2025, Crown Reserve Acquisition Corp. I completed its initial public offering, raising $172.5 million through the sale of 17.25 million units at $10.00 per unit, including the full exercise of the underwriters' 2.25 million unit over-allotment option, with proceeds deposited into a trust account at $10.00 per unit. Units began trading on Nasdaq under CRACU on November 7, 2025, underwritten by Kingswood and B. Riley FBR with Polaris Advisory Partners as bookrunner. On December 3, 2025, the company announced the separate trading of its Class A ordinary shares (CRAC), warrants (CRACW), and rights (CRACR) commencing on or about December 9, 2025, while unseparated units continue trading as CRACU. As of December 2025, the company remains in pre-deal status with no business combination, merger target, partnerships, acquisitions, or other major strategic developments announced.