$CRAC

Crown Reserve Acquisition Corp. I

CIK:0002070887|SEC Filings

Condensed Statements of Operations (Unaudited) - USD ($)	2 Months Ended	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026
General and administrative costs		$ 53,125		$ 121,962
Professional fees		25,000		140,000
Loss from operations		(78,125)		(261,962)
Other income:
Change in fair value of warrant liability		(116,477)		(1,720,874)
Dividends earned on marketable securities held in Trust Account		1,548,367		3,073,108
Interest income	53		53
Total other income	53	1,431,890	53	1,352,234
Net income	53	1,353,765	53	1,090,272
Class A Ordinary Shares
Allocation of net income:
Allocation of net income		$ 1,083,012		$ 872,218
Weighted-average shares outstanding
Weighted-average shares outstanding, basic		17,250,000		17,250,000
Weighted-average shares outstanding, diluted		17,250,000		17,250,000
Net income per ordinary share
Net income per ordinary share, basic (in Dollars per share)		$ 0.06		$ 0.05
Net income per ordinary share, diluted		$ 0.06		$ 0.05
Class B Ordinary Shares
Allocation of net income:
Allocation of net income	$ 53	$ 270,753	$ 53	$ 218,054
Weighted-average shares outstanding
Weighted-average shares outstanding, basic	4,312,500	4,312,500	4,312,500	4,312,500
Weighted-average shares outstanding, diluted	4,312,500	4,312,500	4,312,500	4,312,500
Net income per ordinary share
Net income per ordinary share, basic (in Dollars per share)	$ 0	$ 0.06	$ 0	$ 0.05
Net income per ordinary share, diluted	$ 0	$ 0.06	$ 0	$ 0.05

Condensed Statement of Cash Flows - USD ($)	2 Months Ended	3 Months Ended		6 Months Ended
Condensed Statement of Cash Flows - USD ($)	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026
Cash flows from operating activities:
Net income	$ 53	$ 1,353,765	$ 53	$ 1,090,272
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Change in fair value of warrant liability		116,477		1,720,874
Dividends earned on marketable securities held in Trust Account		(1,548,367)		(3,073,108)
Changes in operating assets and liabilities:
Prepaid expenses				(41,933)
Accounts payable and accrued expenses				(71,711)
Net cash provided by operating activities	53			(375,606)
Cash flows from financing activities:
Advances from related party, net				375,606
Proceeds from issuance of Class B ordinary shares to Sponsor	25,000
Net cash provided by financing activities	25,000			375,606
Net change in cash and cash equivalents	25,053
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period	25,053		$ 25,053
Supplemental disclosure of non-cash financing and investing activities:
Accretion of Class A ordinary shares to redemption value				3,073,108
Dividends earned on Trust reinvested in Trust Account				3,073,108
Deferred offering costs included in accrued offering costs (2025)	61,507
Deferred offering costs included in promissory note - related party (2025)	$ 61,748

Condensed Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Prepaid expenses	$ 41,933
Total current assets	114,409	448,082
Cash and marketable securities held in Trust Account	176,476,946	173,403,838
Total assets	176,591,355	173,851,920
Current liabilities:
Accounts payable and accrued expenses	29,956	101,667
Warrant liability	3,139,940	1,419,066
Deferred underwriting fee payable	300,000	300,000
Total liabilities	3,469,896	1,820,733
Commitments and contingencies
Class A ordinary shares subject to possible redemption, 17,250,000 shares at redemption value of $10.00 per share	176,476,946	173,403,838
Shareholders' deficit:
Preferred shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital
Accumulated deficit	(3,355,999)	(1,373,163)
Total shareholders' deficit	(3,355,487)	(1,372,651)
Total liabilities and shareholders’ deficit	176,591,355	173,851,920
Class A Ordinary Shares
Shareholders' deficit:
Ordinary shares, value	81	81
Class B Ordinary Shares
Shareholders' deficit:
Ordinary shares, value	431	431
Related Party
Current assets:
Due from related party	$ 72,476	$ 448,082