Right to receive one tenth of a Class A ordinary share

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Crane Harbor Acquisition Corp. Completes $220 Million Initial Public Offering
Globenewswireยท 2025-04-28 20:00
Group 1 - The Company, Crane Harbor Acquisition Corp., closed its initial public offering (IPO) of 22,000,000 units, raising gross proceeds of $220,000,000, with $220,000,000 placed in a trust account for public shareholders [1][2] - The units began trading on the Nasdaq Global Market under the ticker symbol "CHACU" on April 25, 2025, with each unit consisting of one Class A ordinary share and one right to receive one tenth of a Class A ordinary share upon the completion of a 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 sole lead book-running manager for the offering, with JonesTrading Institutional Services LLC as the joint book-running manager [4] - A registration statement for the securities was declared effective by the U.S. Securities and Exchange Commission on April 24, 2025 [5]