Crane Harbor Acquisition Corp-A 2025年季度报告

Condensed Statement of Changes in Shareholder’s Deficit for the Period from January 2, 2025 (Inception) Through Notes to Condensed Financial Statements (Unaudited)Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations MARCH 31, 2025(UNAUDITED) Total Liabilities Commitments and Contingencies (Note 6)Shareholder’s Deficit (UNAUDITED) (1)Excludes an aggregate of up to 1,000,000 ClassB ordinary shares subject to forfeiture if the over-allotment option is not exercised The accompanying notes are an integral part of the unaudited condensed financial statements. Class BOrdinary SharesAdditionalPaid-inAccumulatedShareholderSharesAmountCapitalDeficitDeficit Issuance of Class B ordinary shares to Sponsor7,666,66776724,233————(60,434)Balance – March 31, 2025 (Unaudited)7,666,667$767$24,233$(60,434)$ in full by the underwriters (Note5).(2)In March 2025, the Company, through a share capitalization, issued the Sponsor an additional 958,334 Class B ordinary shares, asa result of which the Sponsor has purchased and holds an aggregate of 7,666,667 Class B ordinary shares. All share and per sharedata has been retroactively presented. 3 Adjustments to reconcile net loss to net cash used in operating activities:Formation costs paid by Sponsor in exchange for issuance of Class B ordinary shares Accrued expensesNet cash used in operating activities Proceeds from promissory note - related partyPayment of deferred offering costsNet cash provided by financing activitiesNet Change in CashCash – Beginning of periodCash – End of period$ The accompanying notes are an integral part of the unaudited condensed financial statements.4 (Unaudited) As of March 31, 2025, the Company had not yet commenced operations. All activity for the period from January2, 2025 (inception)through March 31, 2025 relates to the Company’s formation and preparation for the initial public offering (“Initial Public Offering”),which is described below. The Company will not generate any operating revenues until after the completion of its initial Business The Company’s Sponsor is Crane Harbor Sponsor, LLC (the “Sponsor”). The registration statement for the Company’s Initial PublicOffering was declared effective on April 24, 2025. On April 28, 2025, the Company consummated the Initial Public Offering of22,000,000units (the “Units”), which includes the partial exercise by the underwriters of their over-allotment option of2,000,000Units, at $10.00per Unit, generating gross proceeds of $220,000,000. Each Unit consists ofoneClass A ordinary share (the “Public $6,400,000. Each Private Placement Unit consists ofoneClass A ordinary share (each, a “private placement share”) andonerightentitling the holder thereof to receive one tenth (1/10) ofoneClass A ordinary share upon the consummation of an initial BusinessCombination (each, a “private placement right”).Transaction costs amounted to $13,786,773, consisting of $4,400,000cash underwriting fee, $8,800,000of deferred underwriting fee businesses or assets with a fair market value equal to at least80% of the net assets held in the Trust Account (excluding any deferredunderwriters fees and taxes payable on the income earned on the Trust Account) at the time the Company signs a definitive agreementin connection with the initial Business Combination. the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be requiredto register as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”).Following the closing of the Initial Public Offering on April 28, 2025, an amount of $220,000,000($10.00per Unit) from the netproceeds of the sale of the Units, and a portion of the net proceeds from the sale of the Private Placement Units, was held in a trustaccount (“Trust Account”) with Continental Stock Transfer& Trust Company acting as trustee and invested in United States“government securities” within the meaning of Section2(a)(16)of the Investment Company Act having a maturity of185daysor lessor in money market funds meeting certain conditions under Rule2a-7 promulgated under the Investment Company Act which investonly in direct U.S.government treasury obligations, as determined by the Company, or in cash or cash like items (including demanddeposit accounts) at a bank, until the earlier of (i)the completion of a Business Combination and (ii)the distribution of the TrustAccount as described below. (Unaudited)The Company will provide its holders of the Public Shares (the “Public Shareholders”) with the opportunity to redeem, regardless ofwhether they abstain, vote for, or against, a Business Combination, all or a portion of their Public Shares upon the completion of aBusiness Combination either (i)in connection with a general meeting called to approve the initial Business Combination or(ii)without a shareholder vote by means of a tender offer. All of the Pub