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Crown Reserve Acquisition net loss totals $263,493 in Q1 FY26

PUBT·05/15/2026 10:14:05
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Crown Reserve Acquisition net loss totals $263,493 in Q1 FY26
  • Crown Reserve Acquisition posted a net loss of $263,493 for the quarter ended March 31, 2026, reflecting a $1.6 million loss from changes in warrant fair value offset by $1.52 million of dividends earned on Trust Account investments.
  • Operating cash outflow totaled $237,412, while financing cash inflow matched that amount on net advances from the sponsor.
  • Investments held in the Trust Account rose to $174.93 million, while cash outside the Trust Account remained nil and the company reported a working capital deficit.
  • Business Combination Agreement with Carvix was signed March 30, 2026, targeting a Delaware domestication and merger by an outside date of Sept. 30, 2026; combination period was automatically extended to Feb. 10, 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crown Reserve Acquisition Corp. I published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-056978), on May 15, 2026, and is solely responsible for the information contained therein.