Crane Harbor Acquisition Corp. (CHACU) Prices $200M IPO
by Nicholas Alan Clayton on 2025-04-24 at 5:11pm

Crane Harbor Acquisition Corp. (NASDAQ:CHACU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CHACU”, Friday, April 25, 2025.

The Company’s primary focus will be to identify companies in the technology, real assets, and energy sectors.

Crane Harbor’s management team is led by Chairman Jonathan Z. Cohen, Vice Chairman Edward E Cohen, Chief Executive Officer William I. Fradin, Chief Operating Officer and Chief Legal Officer Jeffrey F. Brotman, and Chief Financial Officer Thomas C. Elliott. The Board also includes Eldron Blackwell, A. Kayode Ogunro, Robert W. Karlovich III, and Eric T. Litvin.

Total SPAC deal count for 2025 year-to-date is now 26. Crane Harbor is expected to close on Monday, April 28, 2025.


Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, acted as the sole book-running manager for the offering. JonesTrading Institutional Services LLC acted as joint book-running manager. Stevens Lee, PC is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

Recent Posts
by Nicholas Alan Clayton on 2025-04-30 at 6:29pm

Republic Digital Acquisition Corp. (NASDAQ:RDAGU) announced the pricing of its upsized $264 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RDAGU”, Thursday, May 1, 2025. The new SPAC aims to combine with a target company in the fintech, software or cryptocurrency industries with substantial free cash flow....

by Nicholas Alan Clayton on 2025-04-30 at 4:24pm

Copley Acquisition Corp. (NYSE:COPL.U) announced the pricing of its $150 million IPO and its units are expected to begin trading on the NYSE under the symbol “COPL.U”, Thursday, May 1, 2025. The new SPAC aims to combine with a company in the technology or lifestyle sectors that have the ability to scale and enhance growth....

by Nicholas Alan Clayton on 2025-04-30 at 3:42pm

Wintergreen Acquisition Corp. (NASDAQ:WTGU) has filed for a $50 million SPAC with a focus on technology and media firms in Asia and China specifically at a particularly interesting time. The new SPAC acknowledges in the second paragraph of its S-1 that this focus “may subject us to significantly elevated regulatory, liquidity, and enforcement risk”, which...

by Nicholas Alan Clayton on 2025-04-30 at 12:02pm

May is to extend a theme for the spring of 2025 with very few de-SPACs and sponsors coming free of their lock-up agreements. This is due in some cases to stellar performance but more broadly due to the slowdown in deal closings about 12 and six months ago. One way or the other, four sponsors...

by Nicholas Alan Clayton on 2025-04-30 at 8:20am

At the SPAC of Dawn Now that earnings season is in full swing, more de-SPACs are set to provide updates on how both trade and market volatility are impacting their margins. On the positive side, USA Rare Earth (NASDAQ:USAR) has continued to reap the benefits from its position as one of few US-based producers of...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved