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Stock impact report

Xanadu Quantum Technologies and Crane Harbor Acquisition Corp. Announce Confidential Submission of a Draft Registration Statement on Form F-4 in Connection with the Proposed Business Combi...

Crane Harbor Acquisition Corp. - Class A Ordinary Shares (CHAC) 
Company Research Source: GlobeNewswire
TORONTO, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Crane Harbor Acquisition Corp. (Nasdaq: CHAC), a publicly traded special purpose acquisition company (“Crane Harbor”), and Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, today announced the confidential submission of a draft registration statement on Form F-4 (the “Registration Statement”) by a newly-formed entity, Xanadu Quantum Technologies Limited (“NewCo”), with the U.S. Securities and Exchange Commission (“SEC”). The submission of the Registration Statement marks an important milestone toward the completion of the previously disclosed proposed business combination between Crane Harbor and Xanadu, which has an expected pro forma enterprise value of approximately US$3.1 billion and pro forma market capitalization of US$3.6 billion. The combined company, Xanadu Quantum Technologies Limited, is expected to be capitalized with approximately US$500 million in gross proceeds, comprising approximate Show less Read more
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