CHAC — Crane Harbor Acquisition Corp. Stock Price, Chart & AI Report

Neutral Mar 26, 2026 • 20:05 UTC Benzinga • Globe Newswire

Xanadu Quantum Technologies Limited Announces Closing of Business Combination with Crane Harbor Acquisition Corp. and Xanadu Quantum Technologies Inc.

Xanadu Quantum Technologies Limited completed its business combination with Crane Harbor Acquisition Corp. (NASDAQ: CHAC) and secured US$275 million in PIPE financing. The company will trade on Nasdaq and Toronto Stock Exchange under ticker 'XNDU' starting March 27, 2026, positioning itself as the first publicly listed pure-play photonic quantum computing company. Founder Christian Weedbrook holds approximately 18.23% of Class A shares, while Georgian Partners Growth LP holds approximately 11.59% of Class A shares.

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Sentiment note

SPAC successfully completed its merger objective with Xanadu. The ticker will cease to exist as CHAC and be replaced by XNDU, representing a completed transaction rather than an ongoing business development.

Positive Mar 19, 2026 • 20:05 UTC Benzinga • Na

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

Crane Harbor Acquisition Corp. shareholders have approved a business combination with Xanadu Quantum Technologies Inc., a leading photonic quantum computing company. The combined entity will trade on Nasdaq and TSX under ticker XNDU starting March 27, 2026. The transaction will deliver approximately USD $302 million in gross proceeds, with additional potential CAD $390 million in government funding from Canada and Ontario under Project OPTIMISM.

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Sentiment note

Successful shareholder approval of the business combination represents a major milestone. The company is providing capital and a public market platform to support Xanadu's commercial roadmap, positioning it as a facilitator of growth in the quantum computing sector.

Neutral Mar 2, 2026 • 19:26 UTC Benzinga • Erica Kollmann

Quantum's Next Big Bet: Xanadu Closes In On Nasdaq Stock Listing

Toronto-based Xanadu Quantum Technologies has received SEC approval for its merger with Crane Harbor Acquisition Corp., positioning itself for a Nasdaq listing under ticker XNDU in late March 2026. The deal will raise approximately $500 million in gross proceeds. Xanadu specializes in photonic quantum computing and has partnered with Lockheed Martin on quantum machine learning research. The listing comes amid growing investor interest in quantum computing, following Infleqtion's recent IPO.

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Sentiment note

SPAC serving as acquisition vehicle; sentiment is neutral as it is a facilitating entity rather than an operating company with independent business performance.

Negative Jan 28, 2026 • 19:23 UTC Benzinga • Prnewswire

SHAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger--CHAC, TRVR, SNDA, and FFWM

Monteverde & Associates PC, a class action law firm, is investigating four merger and acquisition transactions: Crane Harbor Acquisition Corp.'s merger with Xanadu Quantum Technologies, Two Rivers Financial Group's sale to First Mid Bankshares, Sonida Senior Living's merger with CNL Healthcare Properties, and First Foundation Inc.'s sale to FirstSun Capital Bancorp. The firm is seeking shareholders who have concerns about these proposed transactions, with shareholder votes scheduled for late February 2026.

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Sentiment note

Subject of class action investigation regarding merger with Xanadu Quantum Technologies, indicating potential shareholder concerns about deal terms or disclosure issues.

Positive Dec 15, 2025 • 23:20 UTC GlobeNewswire Inc. • Crane Harbor Acquisition Corp. Ii

Crane Harbor Acquisition Corp. II Announces the Upsized Pricing of $300,000,000 Initial Public Offering

Crane Harbor Acquisition Corp. II has priced an upsized initial public offering of 30 million units at $10 per unit, totaling $300 million. The company is a blank check firm focusing on technology, real assets, and energy sectors, with plans to pursue a business combination.

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Sentiment note

Successfully completed an upsized IPO of $300 million, indicating strong market interest and investor confidence in the company's potential business combination strategy

Neutral Nov 6, 2025 • 22:45 UTC GlobeNewswire Inc. • Xanadu Quantum Technologies Inc.

Xanadu Advances to Stage B of DARPA’s Quantum Benchmarking Initiative, Securing up to $15 Million in Funding

Xanadu Quantum Technologies has advanced to Stage B of DARPA's Quantum Benchmarking Initiative, securing up to $15 million in funding and demonstrating progress towards developing a utility-scale quantum computer by 2029.

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Sentiment note

Involved in a potential business combination with Xanadu, providing potential funding but no specific technological achievements mentioned