Crown Reserve Acquisition Corp. I (CRAC) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: April 03, 2026

Risk Assessment Details

Potential Dilution: 131.52% of current shares
Recent Dilution: 300.0% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
17M
Potential Supply
23M
Additional shares possible
Splits
None
Past 2 years

Summary

CRAC currently has 17.3M outstanding shares. with significant dilution risk as 22.7M authorized shares could dilute existing holders by 131.5%. The company has significantly diluted shareholders by 300.0% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 03, 2026

8-K filing: Crown Reserve Acquisition Corp. I enters into a Business Combination Agreement with Carvix, Inc., involving a merger where Carvix stockholders will receive 50,000,001 shares of the Company's common stock and the potential for up to 50,000,100 additional earnout shares.

17M 23M
Mar 27, 2026

10-K filing | 17.3M shares outstanding

17M 23M
Nov 14, 2025

10-Q filing | 17.3M shares outstanding

17M 23M
Nov 14, 2025

10-Q filing | 17.3M shares outstanding

17M 23M
Sep 04, 2025

S-1/A filing: Crown Reserve Acquisition Corp. I is offering 15,000,000 units at $10.00 per unit for a total of $150,000,000 in an initial public offering.

4.3M 23M
Jul 16, 2025

S-1/A filing: Crown Reserve Acquisition Corp. I is offering 15,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one right to receive one-seventh of a Class A ordinary share upon the consummation of an initial business combination. The underwriters have a 45-day option to purchase up to an additional 2,250,000 units to cover over-allotments.

4.3M 30M
Jul 11, 2025

S-1/A filing: Crown Reserve Acquisition Corp. I is offering 15,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one right to receive one-seventh (1/7) of one Class A ordinary share upon the consummation of an initial business combination.

4.3M 15M
Jul 11, 2025

S-1/A filing: Crown Reserve Acquisition Corp. I is offering 15,000,000 units at $10.00 per unit in an initial public offering, with each unit consisting of one Class A ordinary share and one right to receive one-seventh of a Class A ordinary share upon the consummation of an initial business combination.

4.3M 15M
May 30, 2025

S-1 filing: Crown Reserve Acquisition Corp. I is offering 15,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one right to receive one-seventh (1/7) of one Class A ordinary share in an initial public offering.

4.3M 15M
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