Cal Redwood Acquisition Corp. Right
CRAQR
NASDAQ Global Market0.24
USD
- -
- -
CIK
0002058359
ISIN
KYG175641169
CUSIP
G17564116
Return %
Stock
S&P500
1Y
-7.08
18.21
3Y
4.35
64.38
5Y
4.35
72.43
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
- Daven Patel
- Full Time Employees
- 4
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2440 Sand Hill Road, Suite 101 Menlo Park CA United States of America 94025
- IPO Date
- Jun 23, 2025
- CIK
- 0002058359
- Website
- redwoodacquisition.com
- Similar Companies
- Business
- Cal Redwood Acquisition Corp. (Nasdaq: CRAQ; CRAQU; CRAQR) operates as a blank check company whose principal business activity focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, with a targeted emphasis on the technology, media and telecommunications (TMT) sector and sectors undergoing technology disruption; it holds cash in trust from its initial public offering for deployment in such transactions. The company offers no operational products or services beyond its SPAC structure, including 20 million units priced at $10 each in its May 2025 IPO, each comprising one Class A ordinary share and one right convertible to one-tenth of one share upon completion of an initial business combination, alongside private placement warrants. Incorporated in 2025 and headquartered at 2440 Sand Hill Road, Suite 101, Menlo Park, California, Cal Redwood Acquisition maintains global geographic focus for potential targets without current operations in specific regions. Leadership includes Chairman and President Vivek Ranadivé, Chief Executive Officer Daven Patel, Chief Financial Officer James Chan and Chief Investment Officer Raymond Dong. Recent developments encompass the IPO closing on May 27, 2025 raising $230 million including overallotments, underwritten by Cohen & Company Capital Markets as lead book-runner and Seaport Global Securities as joint book-runner; separate trading of Class A ordinary shares (CRAQ) and rights (CRAQR) commencing June 23, 2025; and quarterly SEC filings through August 2025 confirming ongoing pre-deal status with 100% of IPO proceeds held in trust and no merger announced as of late 2025.
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