Crane Harbor II, a Cayman Islands-based blank-check company, reported FY 2025 net income of USD 331,924 for the period from June 19, 2025 (inception) through December 31, 2025, reflecting USD 487,979 of interest earned on marketable securities held in its Trust Account offset by USD 156,055 of operating costs. Crane Harbor II said it has not generated any revenues to date and its activities during the period were focused on organizational matters, preparing for and completing its IPO, and identifying a target for an initial business combination. The company completed its IPO on December 17, 2025, selling 34.5 million units for gross proceeds of USD 345.0 million, and concurrently sold 900,000 private placement units for USD 9.0 million; a total of USD 345.0 million was placed in trust. As of December 31, 2025, cash held in the trust account totaled USD 345.5 million and cash outside the trust account was USD 2.2 million. Transaction costs related to the offering were USD 21.3 million, including a USD 6.0 million cash underwriting fee and USD 14.7 million of deferred underwriting fees payable upon completion of a business combination.

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. II 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: 0001213900-26-020888), on February 27, 2026, and is solely responsible for the information contained therein.