Crane Harbor Acquisition Corp. IICRAN
Cash in trust
$351.6M
$351,626,627
Trust per share
—
Redemption value
IPO
Dec 2025
—
Combination deadline
Dec 16, 2027
468 days remaining
Filings on record
34
Latest Aug 14, 2026
Overview
Crane Harbor Acquisition Corp. II is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002081358. It completed its initial public offering in Dec 2025 and listing on Nasdaq. Class A shares trade under the ticker CRAN, units under CRANU, rights under CRANR on Nasdaq. The vehicle is sponsored by Crane Harbor through Crane Harbor Sponsor II, LLC. The mandate targets generalist. IPO closed, trust funded, no definitive agreement announced.
“We plan to target businesses at inflection points in their life cycles, believing they can significantly benefit from our strategic guidance, capital infusion, and expertise.”
Reading the filings
Arithmetic on what Crane Harbor Acquisition Corp. II has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Time on the clock
468 days to the Dec 16, 2027 deadline. The vehicle is early in its search window, and the deadline is not yet the binding constraint.
Sponsor record
Crane Harbor has launched 4 vehicles. Of the 2 that have resolved, 0 closed a combination and 2 liquidated, a 0% completion rate. A sponsor's record is not a forecast, but it does tell you whether the team has taken a deal across the line before.
Underwriting
Cohen & Company led the offering. It has been named on 47 SPAC IPOs, book-running 46 of them, and 50% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
Scores
Recomputed 4m agoThree readings of Crane Harbor Acquisition Corp. II, each an unweighted mean of the components shown beneath it, and each component a percentile against every live SPAC rather than an absolute we invented. They describe the setup, not the merit. How they are built
Edge
ElevatedHow much does the structure protect a holder right now?
51/100
- Runway69
468 days
- Sponsor record33
0.0%
Edge reads the setup, not the business. A vehicle can score well on protection and still be a poor place to leave money once a deal closes.
FOMO
ModerateHow much attention is this vehicle attracting right now?
28/100
- Filing activity56
3 in 30 days
- News coverage0
0 stories in 30 days
Attention is not quality. FOMO rises on news volume and on the market paying above trust, both of which have preceded plenty of disappointments.
Potential
ElevatedHow likely is this vehicle to complete a combination, and at what scale?
55/100
- Sponsor record33
0.0%
- Trust scale93
$352M
- Stage40
searching
Potential is about execution, not about the target. It says nothing about whether the eventual deal is worth owning, because the target is usually unknown when the score is computed.
These are derived measures, not ratings of investment merit. They carry no view on the target, no price target and no recommendation, and a high score is not a reason to buy anything.
SEC filing history
Free tier: filings older than 24 hours- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001688382-26-000027
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001905106-26-000128
- 10-Q
Quarterly report
Accession 0001213900-26-088374
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001905106-26-000077
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001905106-26-000076
- 10-Q
Quarterly report
Accession 0001213900-26-055114
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001213900-26-023638
- 10-K
Annual report
Accession 0001213900-26-020888
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0000902664-26-000902
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001905106-26-000018
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001905106-26-000011
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001905106-26-000006
- 3
Initial statement of beneficial ownership
Accession 0001213900-26-008285
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001213900-25-125355
- SCHEDULE 13D
Beneficial ownership report (activist)
Accession 0001213900-25-124505
- 8-K
Entry into a material definitive agreement; Other events
Items 1.01, 3.02, 3.03, 5.02, 5.03, 8.01, 9.01 · Accession 0001213900-25-123261
- 3
Initial statement of beneficial ownership
Accession 0001213900-25-122818
- 3
Initial statement of beneficial ownership
Accession 0001213900-25-122772
- 424B4
Final IPO prospectus
Accession 0001213900-25-122299
- EFFECT
Notice of effectiveness
Accession 9999999995-25-003731
- S-1MEF
Registration of additional IPO securities
Accession 0001213900-25-121864
- 3
Initial statement of beneficial ownership
Accession 0001213900-25-121813
- 3
Initial statement of beneficial ownership
Accession 0001213900-25-121812
- 3
Initial statement of beneficial ownership
Accession 0001213900-25-121811
- 3
Initial statement of beneficial ownership
Accession 0001213900-25-121810
- 3
Initial statement of beneficial ownership
Accession 0001213900-25-121809
- 3
Initial statement of beneficial ownership
Accession 0001213900-25-121794
- 3
Initial statement of beneficial ownership
Accession 0001213900-25-121793
- CERT
Exchange listing certification
Accession 0001354457-25-001272
- 8-A12B
Registration of securities on an exchange
Accession 0001213900-25-121572
Crane Harbor Acquisition Corp. II: questions answered
What is Crane Harbor Acquisition Corp. II (CRAN)?
Crane Harbor Acquisition Corp. II is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002081358. It completed its initial public offering in Dec 2025 and listing on Nasdaq. Class A shares trade under the ticker CRAN, units under CRANU, rights under CRANR on Nasdaq. The vehicle is sponsored by Crane Harbor through Crane Harbor Sponsor II, LLC. The mandate targets generalist. IPO closed, trust funded, no definitive agreement announced.
How much does Crane Harbor Acquisition Corp. II hold in trust?
Approximately $351,626,627, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must Crane Harbor Acquisition Corp. II complete a merger?
By Dec 16, 2027. If no combination closes by then the sponsor must seek a further extension or wind the vehicle up and return the trust.
What happens if Crane Harbor Acquisition Corp. II does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in Crane Harbor Acquisition Corp. II, and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
What tickers does Crane Harbor Acquisition Corp. II trade under?
Class A shares trade as CRAN on Nasdaq, the units as CRANU, with rights as CRANR. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.
Is the trust value the same as the share price for Crane Harbor Acquisition Corp. II?
No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.
How much dilution do Crane Harbor Acquisition Corp. II's founder shares and warrants create?
Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.
Who sponsors Crane Harbor Acquisition Corp. II, and what is their track record?
Crane Harbor Sponsor II, LLC is the sponsor entity, part of the Crane Harbor franchise. That franchise has launched 4 vehicles in total, of which 0 closed a combination and 2 liquidated, a 0% completion rate on resolved vehicles. Named principals: Bill Fradin, Jonathan Cohen.
Which banks underwrote the Crane Harbor Acquisition Corp. II IPO?
Cohen & Company. Cohen & Company was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is Crane Harbor Acquisition Corp. II tradeable, and where?
Yes. CRAN returned a live quote of $10.16 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.
Is Crane Harbor Acquisition Corp. II a good investment?
That is not a question this site answers. Crane Harbor Acquisition Corp. II is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this Crane Harbor Acquisition Corp. II data come from?
Filings Crane Harbor Acquisition Corp. II submitted to the SEC under CIK 0002081358: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Sep 4, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
Read the full methodology · What is in the dataset · Report a correction
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Continue reading
The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
Crane Harbor: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
Cohen & Company in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Generalist SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All spacs searching for a target
IPO closed, trust funded, no definitive agreement announced.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.