Crane Harbor Acquisition Corp. II (CRANU) Prices Upsized $300M IPO
Crane Harbor Acquisition Corp. II (NASDAQ:CRANU) announced the pricing of its upsized $300 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CRANU”, Tuesday, December 16, 2025.
The new SPAC intends to combine with a target company in the technology, real assets or energy sectors.
Crane Harbor Acquisition Corp. II is to be led by Executive 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. Robert W. Karlovich III, Koryn Estrada, Stephen Howard, and Adam Guren will serve on its Board of Directors.
Total SPAC deal count for 2025 year-to-date is now 136. This offering is expected to close on Wednesday, December 17, 2025.
Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, acted as the lead book-running manager for the offering. JonesTrading Institutional Services LLC acted as joint book-runner. 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.
