Crane Harbor Acquisition Corp. II Completes Upsized $345 Million Initial Public Offering

Group 1 - The company, Crane Harbor Acquisition Corp. II, successfully closed its upsized initial public offering of 34,500,000 units, generating gross proceeds of $345,000,000 priced at $10.00 per unit [1] - The units began trading on the Nasdaq Global Market under the ticker symbol "CRANU" on December 16, 2025, with each unit consisting of one Class A ordinary share and one right to receive one fifteenth (1/15) of a Class A ordinary share upon the completion of the initial business combination [2] - The company is a blank check company focused on mergers and acquisitions, primarily targeting opportunities in the technology, real assets, and energy sectors [3] Group 2 - Cohen & Company Capital Markets acted as the lead book-running manager for the offering, with JonesTrading Institutional Services LLC as the joint book-runner [4] - A registration statement for the securities was declared effective by the U.S. Securities and Exchange Commission on December 15, 2025 [5]