---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-047867"
form_type: "8-K"
ticker: "CRAQ"
cik: "0002058359"
company_name: "Cal Redwood Acquisition Corp."
filed_at: "2025-05-27T23:59:59+00:00"
generated_at: "2026-05-20T11:51:56.041656+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cal Redwood Acquisition Corp. closes $230M SPAC IPO; trust funded, board appointed

## Summary
- Closed IPO of 23M units at $10 each (full over-allotment) for $230M gross proceeds.
- Private placement of 660K units to sponsor/underwriters for $6.6M.
- $230M placed in trust for public shareholders.
- Appointed Eric C.W. Dunn, Sanjay Subhedar, Lori Wright to board.
- Focus on TMT and tech disruption for initial business combination.

## SEC filing metadata
- accession: 0001213900-25-047867
- form_type: 8-K
- ticker: CRAQ
- cik: 0002058359
- company_name: Cal Redwood Acquisition Corp.
- filed_at: 2025-05-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2058359/000121390025047867/0001213900-25-047867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2058359/000121390025047867/ea0243417-8k_calredwood.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-047867
- JSON: https://secwatch.observer/filing/0001213900-25-047867.json
- Plain text: https://secwatch.observer/filing/0001213900-25-047867.txt

## Key facts
- Executive change
  Sanjay Subhedar was appointed as director at Cal Redwood Acquisition Corp..
  - Action: appointed
  - Role: director
  source text: Effective as of May 22, 2025, the following individuals were appointed to the board of directors of the Company: Eric C.W. Dunn, Sanjay Subhedar and Lori Wright.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2058359/000121390025047867/0001213900-25-047867-index.htm
- Executive change
  Eric C.W. Dunn was appointed as director at Cal Redwood Acquisition Corp..
  - Action: appointed
  - Role: director
  source text: Effective as of May 22, 2025, the following individuals were appointed to the board of directors of the Company: Eric C.W. Dunn, Sanjay Subhedar and Lori Wright.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2058359/000121390025047867/0001213900-25-047867-index.htm
- Executive change
  Lori Wright was appointed as director at Cal Redwood Acquisition Corp..
  - Action: appointed
  - Role: director
  source text: Effective as of May 22, 2025, the following individuals were appointed to the board of directors of the Company: Eric C.W. Dunn, Sanjay Subhedar and Lori Wright.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2058359/000121390025047867/0001213900-25-047867-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.