Crown Reserve Acquisition amends Carvix deal terms to align shareholder vote requirements
CRAC•Amended business combination agreement and voting requirements
Crown Reserve Acquisition Corp. I amended its March 30, 2026 business combination agreement with Carvix.
The update aligns shareholder-vote requirements with the SPAC’s amended Cayman constitutional documents without changing any securityholder voting rights.
Most deal-related proposals now require a simple majority vote of Class A and Class B shares voting together.
Domestication and post-domestication charter proposals require a two-thirds vote of Class B shares only; Class A has no vote.
Advisory organizational document proposals are non-binding; their passage is not required to complete the transaction.
