- CEO
- Daven Patel
- Full Time Employees
- 4
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2440 Sand Hill Road Menlo Park CA United States of America 94025
- IPO Date
- Jun 23, 2025
- Business
- Cal Redwood Acquisition Corp. is a blank check company incorporated in the Cayman Islands on January 7, 2025 and headquartered at 2440 Sand Hill Road, Suite 101, Menlo Park, California; it focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, primarily targeting the technology, media and telecommunications (TMT) sector as well as industries undergoing technology disruption where its management team's operational and investment expertise provides a competitive advantage. The company has no current operating products or services beyond its core SPAC structure, which includes Class A ordinary shares (CRAQ), rights (CRAQR) and units (CRAQU); it completed a $200 million initial public offering of 20 million units at $10 each in May 2025, underwritten by Cohen & Company Capital Markets as lead book-runner and Seaport Global Securities as joint book-runner, with underwriters exercising a 45-day over-allotment option for up to 3 million additional units. Holders commenced separate trading of Class A ordinary shares and rights on June 23, 2025; as of late 2025, the company reports no revenue or net income, maintains institutional ownership including from Meteora Capital and Glazer Capital, and has filed a quarterly report for the period ended November 13, 2025 without announcing any business combination target, acquisition, funding round, partnership or strategic shift.