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Crane Harbor Acquisition II (CRAN) Stock News

CRAN Nasdaq

Welcome to our dedicated page for Crane Harbor Acquisition II news (Ticker: CRAN), a resource for investors and traders seeking the latest updates and insights on Crane Harbor Acquisition II stock.

Crane Harbor Acquisition Corp. II issues updates as a blank-check company formed to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination. Recurring developments center on SPAC security structure, including Class A ordinary shares and rights, shareholder voting matters, governance, capital-structure disclosures, and operating or financial results while the issuer remains in the acquisition-company stage.

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Crane Harbor Acquisition Corp. II (NASDAQ:CRAN) announced that, commencing January 12, 2026, holders of units sold in its IPO may elect to separately trade the Company’s Class A ordinary shares and rights included in the units. Separated Class A shares will trade under the symbol CRAN and separated rights under CRANR. Units that remain intact will continue trading under CRANU. The company is a blank check vehicle formed to effect business combinations and will primarily pursue opportunities in the technology, real assets, and energy sectors. Management team members are identified and the release includes customary forward-looking statement disclosures.

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Rhea-AI Summary

Crane Harbor Acquisition Corp. II (NASDAQ:CRANU) closed an upsized initial public offering of 34,500,000 units at $10.00 per unit on Dec 17, 2025, producing gross proceeds of $345,000,000.

Of the proceeds (including the full exercise of a 4,500,000-unit over-allotment), $345,000,000 was placed in the company trust account for public shareholders. Units began trading on Nasdaq on Dec 16, 2025 under CRANU; when separated the Class A shares and rights are expected to trade as CRAN and CRANR.

The company is a blank check vehicle targeting acquisitions primarily in technology, real assets, and energy, led by Executive Chairman Jonathan Z. Cohen and CEO William Fradin, with Cohen & Company Capital Markets and JonesTrading as book-runners.

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Crane Harbor Acquisition Corp. II (NASDAQ:CRANU/CRAN) announced an upsized initial public offering of 30,000,000 units at $10.00 per unit, representing gross proceeds of $300,000,000. Units will begin trading on the Nasdaq Global Market under CRANU on December 16, 2025, with Class A shares and rights expected to trade separately as CRAN and CRANR after separation. The offering closing is anticipated on or about December 17, 2025, subject to customary closing conditions. The company is a blank check (SPAC) formed to pursue business combinations, with a primary focus on technology, real assets, and energy, and has granted underwriters a 45-day option to purchase up to an additional 4,500,000 units for over-allotments.

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FAQ

What is the current stock price of Crane Harbor Acquisition II (CRAN)?

The current stock price of Crane Harbor Acquisition II (CRAN) is $10.03 as of May 29, 2026.

What is the market cap of Crane Harbor Acquisition II (CRAN)?

The market cap of Crane Harbor Acquisition II (CRAN) is approximately 469.5M.