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.
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