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Crown Proptech Acquisitions SEC Filings

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Welcome to our dedicated page for Crown Proptech Acquisitions SEC filings (Ticker: CPTKW), 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.

Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Crown Proptech Acquisitions's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.

Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Crown Proptech Acquisitions's regulatory disclosures and financial reporting.

Rhea-AI Summary

Crown PropTech Acquisitions is asking shareholders to approve a one-year extension of its deadline to complete an initial business combination, moving it from March 11, 2026 to March 11, 2027. This keeps the SPAC alive while it works to close its planned merger with Mkango Rare Earths Limited (MKAR).

Holders of Class A ordinary shares can elect to redeem some or all of their shares for cash in connection with the extension. Based on approximately $5,805,758.34 held in the trust account as of January 31, 2026, the estimated redemption and liquidation price is about $11.80 per public share. Shareholders must submit a written redemption request and deliver their shares by March 5, 2026 to receive cash.

If the extension is rejected and no business combination closes by March 11, 2026, Crown will wind up, redeem all public shares for the cash in trust and then liquidate, while the warrants will expire worthless. On the February 13, 2026 record date, there were 7,391,806 ordinary shares outstanding, including 491,806 public Class A shares and 6,900,000 Class B sponsor shares.

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Rhea-AI Summary

Crown PropTech Acquisitions is asking shareholders to approve an amendment to its charter to extend the deadline to complete an initial business combination from March 11, 2026 to March 11, 2027 (the "Extension").

If approved, public shareholders may redeem Class A ordinary shares for cash based on the Trust Account balance. The Trust Account held approximately $5,788,250.49 as of December 31, 2025, implying an estimated per-share redemption amount of approximately $11.77. The company reported 7,391,806 Ordinary Shares issued and outstanding as of the record date, including 491,806 Class A Ordinary Shares and 6,900,000 Class B Ordinary Shares. Approval requires a two‑thirds vote of Ordinary Shares voting together; the board recommends voting FOR the Extension.

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Crown PropTech Acquisitions updated its planned merger with Mkango Rare Earths by amending their business combination agreement. The amendment restructures ownership so Mkango Rare Earths Limited will directly hold the Songwe Hill rare earth project in Malawi and the planned separation plant in Pulawy, Poland. It also extends the outside date for closing from March 11, 2026 to September 30, 2026, with an automatic extension to December 31, 2026 if the SEC has not declared the Form F-4/Proxy registration statement effective by August 14, 2026.

The company also extended the maturity of a non-interest-bearing promissory note of up to $1,000,000 owed to former CEO Richard Chera, moving the due date to December 31, 2026. In connection with this extension, CIIG Management III LLC agreed to transfer additional CPTK Class B ordinary shares to an unaffiliated third party based on the number of months until a business combination is completed. Separately, CIIG funded the remaining $250,000 under a $750,000 note purchase agreement with Mkango in exchange for a new convertible note, and Mkango confidentially submitted a draft Form F-4 registration statement.

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Rhea-AI Summary

Crown PropTech Acquisitions updated investors on progress toward its proposed business combination with Mkango Rare Earths Limited’s subsidiary MKAR. The parties signed Amendment No. 1 to their Business Combination Agreement, refining the pre-closing reorganization so MKAR will own the Songwe Hill rare earth project in Malawi and the planned separation plant in Pulawy, Poland. The amendment also extends the outside date for closing from March 11, 2026 to September 30, 2026, with an automatic extension to December 31, 2026 if the Form F‑4 proxy/registration statement is not declared effective by August 14, 2026.

The company further amended its non‑interest‑bearing promissory note with former CEO Richard Chera, pushing the maturity tied to a potential liquidation or business combination out to December 31, 2026. In connection with this Third Amended and Restated Note, CIIG Management III LLC agreed to transfer additional CPTK Class B ordinary shares to an unaffiliated third party, calculated at 2,500 shares per month from February 2026 until a business combination closes. Separately, CIIG Management III LLC funded the remaining $250,000 under a previously disclosed $750,000 Note Purchase Agreement with MKAR, receiving a convertible promissory note from MKAR on February 13, 2026.

Crown and MKAR also announced that MKAR confidentially submitted a draft registration statement on Form F‑4 to the SEC on February 13, 2026. This filing will include a proxy statement for Crown’s shareholders and a prospectus for MKAR’s common shares and warrants, which are expected to list on Nasdaq under the symbols “MKAR” and “MKARW” upon closing, subject to SEC review, shareholder approvals and other customary conditions. The press release notes that Crown currently has approximately $5.79 million of cash in trust.

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What is the current stock price of Crown Proptech Acquisitions (CPTKW)?

The current stock price of Crown Proptech Acquisitions (CPTKW) is $0.05 as of March 3, 2026.

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