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Crane Harbor Shareholders Approve Xanadu Quantum Business Combination
Crane Harbor Acquisition Corp. shareholders have approved the business combination with Xanadu Quantum Technologies, including the SPAC’s redomiciling to Ontario, Canada. This approval clears the way for Xanadu to become the first publicly listed photonic quantum technology company, with its stock expected to trade on Nasdaq and the Toronto Stock Exchange under the ticker XNDU from March 27, 2026. The deal is set to provide approximately $302 million in gross proceeds to fund Xanadu’s technical roadmap.