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Stock impact report

Crane Harbor Acquisition Corp. Shareholders Approve Business Combination with Xanadu Quantum Technologies Inc.

Crane Harbor Acquisition Corp. - Class A Ordinary Shares (CHAC) 
Company Research Source: GlobeNewswire
• Xanadu to Become the First Publicly Listed Photonic Quantum Technology Company • Expected to Begin Trading on the Nasdaq and TSX on March 27, 2026 Under Ticker XNDU • Gross Proceeds of Approximately USD$302 Million, In Addition to Previously Announced Negotiations with the Government of Canada and Ontario for an Up to CAD$390 Million Investment, Sets Company Up to Execute Against Technical Roadmap TORONTO, March 19, 2026 (GLOBE NEWSWIRE) -- Crane Harbor Acquisition Corp. (“Crane Harbor”) (Nasdaq: CHAC) today announced that its shareholders approved all proposals necessary to complete the previously announced business combination with Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, at Crane Harbor’s extraordinary general meeting of shareholders. The approval represents an important milestone toward completing the transaction and advancing Xanadu’s scalable photonic quantum technology platform. The closing of the business combination is Show less Read more
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