Gabelli Funds LLC Purchases New Stake in Crane Harbor Acquisition Corp. II $CRANU

Posted by ABMN Staff on May 23rd, 2026

Gabelli Funds LLC purchased a new stake in Crane Harbor Acquisition Corp. II (NASDAQ:CRANU – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 176,900 shares of the company’s stock, valued at approximately $1,781,000.

Other hedge funds have also added to or reduced their stakes in the company. ABC Arbitrage SA bought a new position in Crane Harbor Acquisition Corp. II in the fourth quarter valued at about $403,000. Deltec Asset Management LLC acquired a new position in Crane Harbor Acquisition Corp. II in the fourth quarter valued at about $504,000. Wolverine Asset Management LLC acquired a new position in Crane Harbor Acquisition Corp. II in the fourth quarter valued at about $1,218,000. Finally, Wealthspring Capital LLC acquired a new position in Crane Harbor Acquisition Corp. II in the fourth quarter valued at about $2,518,000.

Crane Harbor Acquisition Corp. II Trading Down 1.0%

NASDAQ:CRANU opened at $10.25 on Friday. Crane Harbor Acquisition Corp. II has a 1-year low of $10.04 and a 1-year high of $11.23. The firm has a 50-day moving average of $10.15.

Crane Harbor Acquisition Corp. II Company Profile

(Free Report)

Crane Harbor Acquisition Corp. II (NASDAQ: CRANU) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, that is listed on the Nasdaq stock exchange. As a SPAC, its primary corporate purpose is to raise capital in the public markets through an initial public offering and to use the proceeds to identify, negotiate and complete a business combination with one or more operating companies. The entity itself does not operate commercial businesses; instead, it functions as an acquisition vehicle that brings private companies to the public markets through a merger, acquisition or other business combination.

The company’s activities typically include sourcing potential target companies, conducting due diligence, negotiating transaction terms and structuring the business combination.