other material
confidence high
sentiment neutral
materiality 0.75
Crane Harbor Acquisition Corp. II closes $345M IPO and $9M private placement
Crane Harbor Acquisition Corp. II
- Sold 34.5M units at $10/unit, including full over-allotment; gross proceeds $345M.
- Private placement of 900,000 units at $10/unit for $9M to sponsor and underwriters.
- Net $345M placed in trust; audited balance sheet shows $12.4M accumulated deficit.
- Sponsor has 24 months from IPO close to complete initial business combination.