other material
confidence high
sentiment neutral
materiality 0.60
Crane Harbor Acquisition Corp. II closes upsized $345M IPO; $345M deposited in trust
Crane Harbor Acquisition Corp. II
- Priced 34.5M units at $10/unit ($345M gross), including full over-allotment exercise.
- Total $345M placed in trust for public shareholders; 24 months to complete initial business combination.
- Private placement of 900K units raised $9M from sponsor and underwriters.
- Board appointed with Jonathan Z. Cohen as Exec Chair; William Fradin as CEO.
- Focus on technology, real assets, energy; units trade as CRANU on Nasdaq.