CRANR

Crane Harbor Acquisition Corp. II [CRANR] represents rights issued by Crane Harbor Acquisition Corp. II, a special purpose acquisition company. Each right typically entitles the holder to receive a fraction of one share of common stock upon consummation of the company's initial business combination. Rights are derivative securities that provide additional equity participation tied to the SPAC's merger or acquisition event. These securities trade separately from the units and common stock, giving investors flexibility in structuring their investment exposure to the SPAC's future business combination.