# Crown Reserve Acquisition Corp. I Class A Ordinary Shares (CRAC)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Price:** $10.11

> Crown Reserve Acquisition Corp. I Class A Ordinary Shares represent the publicly traded equity of a blank check company, also known as a special purpose acquisition company (SPAC). Incorporated on April 29, 2025, as a Cayman Islands exempted company and based in Grand Cayman, the firm focuses exclusively on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more target businesses. This structure allows it to raise capital through an initial public offering—priced at $10.00 per share with 15 million shares offered—to pursue such transactions, typically within a defined timeframe. Led by CEO Prashant Patel, the company holds no current operations, revenue, or earnings, maintaining a lean profile with zero employees and no debt. Its shares exhibit low volatility, trading narrowly around $9.90, reflecting the stable nature of pre-merger SPACs in the capital markets sector. Crown Reserve Acquisition Corp. I plays a key role in facilitating liquidity and growth opportunities for private companies entering public markets via de-SPAC transactions.

Financial data not yet available for this company.

Source: [CompaniesByCap](https://companiesbycap.com/company/CRAC)