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Crane Harbor Acquisition Corp-A SEC Filings

CHAC NASDAQ

Welcome to our dedicated page for Crane Harbor Acquisition Corp-A SEC filings (Ticker: CHAC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The SEC filings page for Crane Harbor Acquisition Corp. (CHAC) provides access to the company’s regulatory disclosures as a Nasdaq-listed blank check company and SPAC. These documents explain its structure, trust account, shareholder rights, and the terms of its proposed business combination with Xanadu Quantum Technologies Inc. and Xanadu Quantum Technologies Limited (NewCo).

Key filings include Current Reports on Form 8-K that describe material events such as the signing of the Business Combination Agreement, the structure of the plan of arrangement under Ontario law, and the confidential submission of a draft registration statement on Form F-4 by NewCo. These 8-Ks summarize how Crane Harbor’s Class A ordinary shares, Class B ordinary shares, and share rights are expected to be exchanged for NewCo securities at the arrangement effective time, and outline conditions to closing and potential termination rights.

Investors can also review disclosures about the PIPE financing entered into by NewCo, including subscription agreements with institutional and other accredited investors, and the role of Crane Harbor’s sponsor and affiliates. The filings discuss shareholder redemption mechanics, minimum aggregate transaction proceeds, governance arrangements for NewCo’s initial board of directors, and requirements for listing NewCo’s subordinate voting shares on the Nasdaq Stock Market and the Toronto Stock Exchange.

On Stock Titan, these filings are supplemented with AI-powered summaries that highlight the most important sections of lengthy documents, such as risk factor discussions, descriptions of the business combination steps, and key financial and structural terms. Users can quickly understand what each Form 8-K, registration statement reference, or related disclosure means for CHAC and its proposed transaction, while still having direct access to the full text as filed with the SEC.

Rhea-AI Summary

Crane Harbor Acquisition Corp. (CHAC) announced a definitive business combination agreement with Xanadu Quantum Technologies, aiming to list the combined company on the Toronto Stock Exchange and NASDAQ. The companies state the transaction will support Xanadu’s mission to advance photonic quantum computing.

A new holding company (“Newco”) intends to file a Form F-4 registration statement with the SEC, which will include a proxy statement/prospectus for CHAC shareholders. After the Form F-4 is declared effective, definitive materials will be mailed to CHAC shareholders for a vote on the proposed transaction. The communication includes customary forward-looking statements and cautions that closing depends on required approvals and other conditions.

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Rhea-AI Summary

Crane Harbor Acquisition Corp. filed a Rule 425 communication announcing a proposed business combination with Xanadu Quantum Technologies, through which Xanadu plans to go public with a dual listing on Nasdaq and the Toronto Stock Exchange. Both companies’ boards have unanimously approved the deal, which is expected to close in late Q1 or early Q2 2026, subject to customary approvals.

Xanadu’s CEO said funds raised through the transaction are intended to accelerate development and deployment of its photonic quantum computer systems toward full fault tolerance, alongside monetization of its PennyLane software. The message also outlined strict communications protocols during the process and noted that Xanadu employees are prohibited from trading CHAC stock.

The transaction will be submitted to CHAC shareholders for a vote. A Form F-4 registration statement, including a proxy statement/prospectus, will be filed, after which definitive materials will be mailed to shareholders. The communication includes standard forward-looking statements and risk factors, including potential redemptions and regulatory approvals.

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Rhea-AI Summary

Crane Harbor Acquisition Corp. (CHAC) and Xanadu Quantum Technologies announced a proposed business combination that would take Xanadu public with listings on Nasdaq and the Toronto Stock Exchange. The companies state the combined entity will operate under the Xanadu name, with no meaningful changes to customer billing or day‑to‑day operations.

Xanadu shareholders are expected to continue to control the combined company upon closing. The parties plan to use money raised through the transaction to accelerate development and deployment of Xanadu’s photonic quantum computer systems, including efforts toward fully fault‑tolerant systems and commercialization via run‑time sales and PennyLane software monetization. The transaction will be submitted to CHAC shareholders, and a Form F‑4 registration statement with a proxy statement/prospectus will be filed before a shareholder vote.

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Rhea-AI Summary

Crane Harbor Acquisition Corp. announced a proposed business combination with Xanadu Quantum Technologies. A newly formed entity, Newco, intends to file a Form F-4 registration statement that will include a proxy statement/prospectus for CHAC shareholders. After the Registration Statement is filed and declared effective, a definitive proxy statement/prospectus and related materials will be mailed to shareholders of record for a vote on the transaction.

The communication emphasizes forward-looking statements and outlines risks that could affect outcomes, including the challenges of commercializing emerging quantum technology, potential needs for additional financing, reliance on key personnel and partners, regulatory approvals for the transaction, possible shareholder redemptions, and the chance the agreement could be terminated. It also notes that no offer or sale of securities will occur except by a prospectus meeting legal requirements and that materials will be available without charge at the SEC’s website and CHAC’s site.

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Rhea-AI Summary

Crane Harbor Acquisition Corp. (CHAC) entered a definitive business combination agreement with Xanadu Quantum Technologies Inc. and a new Ontario-incorporated PubCo. The transaction will proceed via a court-approved plan of arrangement under the OBCA, after which SPAC and Xanadu will be wholly owned subsidiaries of PubCo and former holders will receive PubCo Subordinate or Multiple Voting Shares.

The deal includes a concurrent PIPE Financing of approximately US$275 million at US$10.00 per share, including US$23.25 million from the Sponsor and affiliates. Closing is subject to customary conditions: HSR waiting period expiration, SPAC and Company shareholder approvals, court Final Order, an effective Form F‑4, PubCo share listings on Nasdaq Global Market and TSX, a Canadian final non‑offering prospectus receipt, PubCo having at least US$5,000,001 of net tangible assets, and Aggregate Transaction Proceeds of at least US$150,000,000. SPAC public shareholders may redeem Class A shares for cash from the trust.

Governance at Closing will include one Sponsor‑designated director (with Company consent) and the remaining directors designated by the Company, including its CEO and a Founder designee. A Sponsor Letter Agreement provides price‑based vesting for 1,100,000 Class B shares—half vesting at US$12.50 and half at US$15.00 (20 of 30 trading days within four years)—with forfeiture if targets are not met, and customary lock‑ups and registration rights are set for holders. The agreement includes termination rights, with an outside date of August 3, 2026.

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Rhea-AI Summary

Crane Harbor Acquisition Corp. (CHAC) entered into a business combination agreement with Xanadu Quantum Technologies to form a new Ontario‑incorporated public company, PubCo. The deal includes a PIPE financing of approximately US$275 million at US$10.00 per PubCo Subordinate Voting Share, subscribed by institutional investors and affiliates of the Sponsor.

Closing is subject to customary conditions, including HSR clearance, shareholder approvals, an effective Form F-4, PubCo Subordinate Voting Shares approved for listing on Nasdaq and the TSX, an Ontario final non‑offering prospectus receipt, PubCo having at least US$5,000,001 of net tangible assets, completion of a pre‑closing reorganization, and Aggregate Transaction Proceeds ≥ US$150,000,000. CHAC Class A holders will have redemption rights for cash equal to their pro rata trust amount.

Governance provides one Sponsor‑designated director (with company consent) and remaining directors designated by the company, including its CEO and a founder designee. A Sponsor letter subjects 1,100,000 Class B shares to vesting at US$12.50 and US$15.00 share‑price hurdles. The agreement may terminate by August 3, 2026 under specified conditions.

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FAQ

What is the current stock price of Crane Harbor Acquisition Corp-A (CHAC)?

The current stock price of Crane Harbor Acquisition Corp-A (CHAC) is $9.55 as of March 16, 2026.

What is the market cap of Crane Harbor Acquisition Corp-A (CHAC)?

The market cap of Crane Harbor Acquisition Corp-A (CHAC) is approximately 308.1M.

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CHAC Stock Data

308.13M
21.10M
Shell Companies
Blank Checks
United States
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