Current Report
Filed: 2026-03-23
Key Insights
- Crane Harbor Acquisition Corp. (CHACR) has received shareholder approval to proceed with its business combination with Xanadu Quantum Technologies Inc., which is expected to close on March 26, 2026.
- The continuance of CHACR from the Cayman Islands to the Province of Ontario, Canada has also been approved by shareholders, as part of the business combination agreement.
- A significant number of CHACR's Class A Ordinary Shares (19,428,395) were redeemed by shareholders for cash, indicating potential concerns or uncertainty about the transaction.