CRAQR · Cal Redwood Acquisition Corp. · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“Management has determined that the mandatory liquidation and subsequent dissolution, should the Company be unable to complete a Business Combination by May 27, 2027 raises substantial doubt about the Company's ability to continue as a going concern. Management plans to address this uncertainty through search for and completion of a Business Combination. There are no assurances that the Company's plans to consummate a Business Combination will be successful by May 27, 2027. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.”View the 10-Q filed Aug 17, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-05-22 | CAL REDWOOD SPONSOR LLC |
10% Owner |
Buy↑
Filing footnotes — Class A Ordinary Shares (Direct)
Simultaneously with the consummation of the Issuer's initial public offering, Cal Redwood Sponsor LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 400,000 units (the "Private Placement Units") in a private placement for an aggregate purchase price of $4,000,000. Each Private Placement Unit consists of one Class A ordinary share and one right entitling the holder thereof to receive one-tenth of one Class A ordinary share upon the completion of an initial business combination. The reported shares are the 400,000 Class A ordinary shares included in such Private Placement Units. The Sponsor is the record holder of such shares. Vivek Ranadive, Daven Patel and Raymond Dong are the three managers of the Sponsor. Any decisions by the Sponsor with respect to the securities held by it, including voting and dispositive decisions, are made jointly by the three managers and no one individual has a controlling decision. Accordingly, under the so-called "rule of three," because voting and dispositive decisions are made jointly by three managers, none of the managers of the Sponsor is deemed to be a beneficial owner of securities held by the Sponsor, even those in which such managers hold a pecuniary interest. Accordingly, none of such individuals is deemed to have or share beneficial ownership of the securities held by the Sponsor. |
Class A Ordinary Shares
|
400,000 |