Crane Harbor Acquisition Corp Announces Merger with Xanadu Quantum Technologies

Reuters

Feb 13

<a href="https://laohu8.com/S/CHAC">Crane Harbor Acquisition Corp</a> Announces Merger with Xanadu <a href="https://laohu8.com/S/QMCO">Quantum</a> Technologies

Xanadu has entered into an agreement to combine with Crane Harbor Acquisition Corp. The resulting company, Xanadu Quantum Technologies Limited ("NewCo"), is expected to have approximately US$500 million in gross proceeds, including around US$225 million from Crane Harbor's trust account, assuming no redemptions, and US$275 million from a group of strategic and institutional investors via a common equity private placement. NewCo is expected to be listed on both the Nasdaq Stock Market and the Toronto Stock Exchange.

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. Crane Harbor Acquisition Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9654538-en) on February 13, 2026, and is solely responsible for the information contained therein.

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The resulting company, Xanadu Quantum Technologies Limited (\"NewCo\"), is expected to have approximately US$500 million in gross proceeds, including around US$225 million from Crane Harbor's trust account, assuming no redemptions, and US$275 million from a group of strategic and institutional investors via a common equity private placement. NewCo is expected to be listed on both the Nasdaq Stock Market and the Toronto Stock Exchange.\n      \n\n\nDisclaimer: 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. Crane Harbor Acquisition Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. 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