Cal Redwood Acquisition Corp.
CRAQU
NASDAQ Global Market11.02
USD
+0.70
- -
CIK
0002058359
ISIN
KYG175641243
CUSIP
13152WAA4
Return %
Stock
S&P500
1Y
10.04
26.53
3Y
10.04
76.60
5Y
10.04
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
- 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
- May 23, 2025
- CIK
- 0002058359
- Similar Companies
- Business
- Cal Redwood Acquisition Corp. (CRAQU) operates as a blank check company whose primary business is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar initial business combination with one or more businesses. Incorporated on January 7, 2025, as a Cayman Islands exempted company and headquartered in Menlo Park, California, the company focuses its search on opportunities in the technology, media, and telecommunications (TMT) sector as well as industries undergoing technological disruption, where its management team's operational and investment expertise provides a competitive advantage; it trades its units on the Nasdaq Global Market under the ticker CRAQU, with Class A ordinary shares under CRAQ and rights under CRAQR. The company does not currently generate revenue or conduct operations, instead holding proceeds from its initial public offering in trust for deployment in a target business combination. In May 2025, Cal Redwood priced and closed a $200 million initial public offering of 20 million units at $10 each, underwritten by Cohen & Company Capital Markets as lead book-running manager and Seaport Global Securities as joint book-runner, raising approximately $230 million including over-allotments; units began trading on May 23, 2025, followed by the separate trading of Class A ordinary shares and rights commencing June 23, 2025. As of December 2025, the company remains in pre-deal status with no announced merger target, acquisition, partnership, funding beyond the IPO, or other major strategic developments, and its Exchange Act registration has been revoked per SEC records. Management is led by CEO Daven Patel, with Chairman Vivek Ranadivé, who previously founded TIBCO Software and sponsored the BowX Acquisition SPAC that merged with WeWork.
Cal Redwood Acquisition (NASDAQ:CRAQU) Stock Price Up 0.9% – Here’s What Happened