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AI brief of an SEC Form 8-K · Crane Harbor Acquisition Corp. II (CRAN)

Crane Harbor II closes $345 million IPO; full $345 million placed in trust account

Neutral Impact 4 of 5 financing Written later

Crane Harbor Acquisition Corp. II, a blank check company, closed its initial public offering of 34,500,000 units at $10.00 per unit on December 17, 2025, for gross proceeds of $345 million, including the over-allotment option exercised in full. The filing says $345 million of IPO and private placement proceeds was placed in a trust account for public shareholders, to be released only after an initial business combination or redemption rights are triggered, with a 24-month deadline to complete a deal.

Key points

  • 34,500,000 units sold at $10.00 each, including 4,500,000 units from the over-allotment option exercised December 16, 2025
  • Private placement of 900,000 units for $9 million, with the sponsor buying 600,000 units
  • $345 million placed in trust; funds generally not released until a business combination or redemption if none is completed within 24 months
  • Seven directors appointed December 15, 2025, and Jeffrey F. Brotman resigned from the board

The filing

CompanyCrane Harbor Acquisition Corp. II (CRAN)
Form8-K, current report
Filed with the SECDec 18, 2025, 4:00 PM ET
Accession number0001213900-25-123261

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale3.03 Change to Shareholder Rights5.02 Director / Officer Change5.03 Bylaw / Charter Amendment8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 18, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.