Crown Acquisition Sponsor LLC

1 deals · 0 closed · 0 liquidated · 1 in flight

Crown Acquisition Sponsor LLC is the sponsor entity behind one blank-check company that completed its initial public offering in 2025. With no completed business combinations and no liquidations recorded to date, the vehicle remains in its search phase as of mid-2026, actively seeking a suitable merger target. The sponsor entered the SPAC market during a period of heightened regulatory scrutiny and shifting investor sentiment toward de-SPAC transactions, giving it a relatively recent market footprint compared with sponsors that launched in the 2020–2021 wave. Sector focus and additional filing details are tracked in full on SpacDesk — sign up at spacdesk.com for complete data on Crown Acquisition Sponsor LLC and every active sponsor in the market.

Hot Seat Score

—Insufficient history

Close rate

—

Median speed

—

Blended redemption

—

Total votes / extensions

0 / 0

Composite score combining historical close rate, median speed to deal close, and blended redemption discipline across all SPACs this sponsor has run. Higher score = institutional reputation worth retaining. Updates as new vote / closing data lands.

Win Rate (settled)

—

Total IPO Capital

$172.5M

Avg Extensions / Deal

0.0

Canonical

crown acquisition sponsor

Promote Economics (1 SPAC with data)

Avg Promote %

20.0%

Principals (6)

Prashant PatelChief Executive Officer

Eric SherbChief Financial Officer

Michael L. PetersonDirector Nominee

Donald G. FellDirector Nominee

Avinash WadhwaniDirector Nominee

Mayur DoshiDirector Nominee

SPACs sponsored

Symbol	Issuer	IPO	IPO Size	Status	Target	Outcome	Extensions
CRACU	Crown Reserve Acquisition Corp. I	2025-11-06	$172.5M	Combo Announced	Carvix, Inc	announced 2026-03-30	0