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Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Trump Media & Technology Group Corp.

DJT is trending as reports of Iran's Supreme Leader's death following alleged US and Israeli strikes circulate, with Donald Trump claiming responsibility and sparking widespread, polarized discussion. Supporters celebrate this as a decisive move against a tyrannical regime, while critics condemn it as a dangerous escalation and a political distraction.

Indonesia Energy Corp. Ltd. operates as an oil and gas, exploration, and production company. It engages in oil and gas assets portfolio with a mix between medium-sized producing blocks and exploration blocks with significant resources. Its portfolio includes Kruh, Citarum, and Rangkas Area. The company was founded by James J. Huang and Wirawan Jusuf in 2014 and is headquartered in Jakarta, Indonesia.

Indonesia Energy Corp Ltd

Indonesia Energy Corp Ltd is trending as the community speculates on escalating Middle East tensions, including reports of military strikes on Iran and potential Strait of Hormuz closure, fueling expectations of a massive oil price surge and a short squeeze for low-float energy stocks.

United States Commodity Funds LLC - United States Oil Fund

United States Oil Fund

USO is trending due to escalating geopolitical tensions following US and Israeli strikes on Iran and subsequent Iranian retaliation, which has sparked widespread community discussion about potential major oil supply disruptions, particularly regarding the critical Strait of Hormuz.

Lockheed Martin Corp. is a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment is involved in air and missile defense systems, tactical missiles and air-to-ground precision strike weapon systems, logistics, fire control systems, mission operations support, readiness, engineering support and integration services, manned and unmanned ground vehicles, and energy management solutions. The RMS segment designs, manufactures, services, and supports various military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment includes the production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems. The company was founded in 1995 and is headquartered in Bethesda, MD.

Lockheed Martin Corp.

Lockheed Martin is trending amid intense market speculation of escalating geopolitical tensions in the Middle East, with the community anticipating a significant "wartime pump" for defense stocks. Aggressive options activity signals strong conviction in a substantial move for the company as broader conflict concerns mount.

Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Energy Products, Chemical Products, and Specialty Products. The Upstream segment organizes the exploration of crude oil and natural gas. The Energy Products segment includes fuels, aromatics, and catalyst and licensing. The Chemical Products segment offers petrochemicals. The Specialty Products segment provides finished lubricants, basestocks and waxes, synthetics, and elastomers and resins. The company was founded by John D. Rockefeller in 1882 and is headquartered in Spring, TX.

Exxon Mobil Corp.

Exxon Mobil Corp

Exxon Mobil is trending as escalating US-Iran tensions fuel widespread anticipation of a significant surge in oil prices, particularly given the potential for disruption in global supply routes like the Strait of Hormuz. The community is actively discussing imminent military action and a resultant 'explosion' in energy stock valuations, positioning for a major market move.

SSgA Active Trust - State Street SPDR S&P 500 ETF Trust

SPY is trending amid conflicting community perspectives following reports of Iranian Supreme Leader Ayatollah Ali Khamenei's death and ongoing regional strikes. While some anticipate a significant market rally due to perceived geopolitical stability, others express concern over potential escalation, oil supply disruptions, and rising inflation.

Uniting the six native Japanese dog breeds. Kendu is the keeper of peace, the preserver of life, and the protector of unity. Join the pack!!

Kendu

Kendu Crypto is trending due to its verified listing on Swappy for ETH and BASE, with the community actively celebrating its ongoing efforts to build a unique 'brandcoin' ecosystem through numerous real-world products and initiatives. Despite market volatility, holders express strong conviction, emphasizing daily dollar-cost averaging and a belief in the project's long-term potential as an unstoppable force.

ProShares Trust - ProShares UltraPro QQQ 3x Shares

ProShares UltraPro QQQ

TQQQ is trending as traders navigate amplified volatility from a complex mix of ongoing AI demand sustainability debates and escalating geopolitical tensions impacting the broader Nasdaq 100. The community is actively discussing strategic entries on dips and watching for significant options activity amid macro uncertainties like new tariffs and Middle East developments.

Pony.ai, Inc. develops artificial intelligence-based robot designed for autonomous driving. The firm's software algorithms and infrastructure enables a vehicle to perceive its surroundings, predict what others will do, and maneuver itself accordingly. The company was founded by Jun Peng and Tian Cheng Lou in November 4, 2016 and is headquartered in Guangzhou, China.

Pony AI Inc. - ADR

Pony AI Inc

Pony AI is trending as it receives Shenzhen's first city-wide driverless robotaxi permit and expands its global footprint with partners like Stellantis in Europe and Uber's planned investment, fueling significant bullish sentiment around its approaching unit economic profitability and rapid fleet growth.

Featured in Matt Furies latest book Cortex Vortex as Ratos nemesis. The character is also part of ZOGZ which confirms its real name.  Matt Furie, the artist best known for creating Pepe the Frog, has been working on a new book. The news comes from his editor, who goes by the handle @beuys_on_sale_ on Instagram. In a recent post, the editor hinted at an upcoming project featuring new characters named Gasspas and Rato. Gasspas’s visual appearance can be inferred from the artwork. In one illustration, Gasspas is depicted looming over two rats (Rato and Wat), gazing down at them in a menacing way (an image that has circulated among collectors). This inferred that Gasspas is Ratos nemesis in the new book Cortex Vortex reinforced by community quips that “cats eat rats”. Gasspas debuted as part of ZOGZ, a collection of 111 original NFT character illustrations by Matt Furie launched in May 2023.

Gasspas

Recent strong price action and hopes for 'dropping zeros' are driving conversation around Gasspas ($GASS), with its community heavily debating whether it's the next breakout meme coin, while others label it a 'pump and dump' and voice frustration over exchange availability.

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

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

Xanadu Takes Key Step Toward Becoming a Public Company, Announces Public Filing of Form F-4 in Connection with Proposed Business Combination

Xanadu filed an SEC Form F-4 for its $3.1B merger with Crane Harbor, moving toward becoming the first public pure-play photonic quantum company.

Others

TORONTO and NEWTON, N.J., Jan. 13, 2026 (GLOBE NEWSWIRE) -- <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=t1hozq7xcC6ReogsxcTUwOQOASFa9PIKGRyQ_UT25hMvKmkDTLvEIOXkIMh4mEUPsJTSgx8OGonnMk92sx9SKfoX191FW3EiG7kdcRTDhTw=">Xanadu Quantum Technologies Inc</a>. (“Xanadu”), a leading photonic quantum computing company, and <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=RhGg-GzEFIMvlOWXelJUjzjOsmVv1vxJYVjsL5FdbEJ-_8-9Joc17VAB2CpshrPDojI0Hd8pGnlW1Ffuy7DxfA==">Thorlabs</a>, a globally-renowned designer and manufacturer of photonics equipment, have partnered to develop customized optical fiber components essential for realizing large-scale photonic quantum computing. The collaboration will combine Xanadu’s photonic quantum computing hardware expertise and Thorlabs’ advanced optical component manufacturing capabilities to help address critical challenges in scaling photonic quantum computing systems. Together, the companies can accelerate the production of novel component designs from proof-of-concept to high-volume manufacturing for Xanadu’s scalable hardware.The goal of this collaboration is to develop photonic components that address phase and polarization stability -- key challenges in photonic quantum computing. Maintaining this stability is crucial. Any unwanted drift distorts information encoded in photonic qubits, resulting in computational errors.“We are pleased to work with Thorlabs on addressing this challenge. Their deep expertise and ability to manufacture with high precision, at a high volume, and at a competitive cost makes them an invaluable partner,” said Christian Weedbrook, Chief Executive Officer and Founder of Xanadu.Meeting the stability criteria required in many of the sensitive fiber optics that link together key hardware subsystems, while limiting optical loss, will reduce physical qubit overhead and quantum error correction requirements. This resulting capability improves the scalability of Xanadu’s entire system.“The Thorlabs team is proud to support Xanadu’s mission to advance the frontiers of quantum computing technology,” said Peter Fendel, Chief Technology Officer at Thorlabs. “This partnership combines Xanadu’s deep expertise in scalable quantum computing with Thorlabs’ decades of experience in designing and manufacturing photonic components, and subsystems at scale.”This partnership is driven by a shared vision to push the boundaries of photonics technologies. By leveraging Thorlabs' industrial manufacturing scale, Xanadu can continue to develop its utility-scale photonic quantum computer, helping ensure that the critical optical components are ready for the high-volume demands of a quantum data center.Business Combination Xanadu Quantum Technologies Inc. (“Xanadu”) recently announced a business combination agreement with Crane Harbor Acquisition Corp. (Nasdaq: CHAC), a publicly traded special purpose acquisition company (“Crane Harbor”). The combined company, Xanadu Quantum Technologies Limited (“NewCo”), is expected to be capitalized with approximately US$500 million in gross proceeds, comprising approximately US$225 million from Crane Harbor’s trust account, assuming no redemptions by Crane Harbor’s public stockholders, as well as US$275 million from a group of strategic and institutional investors participating in the transaction via a common equity committed private placement investment. NewCo is expected to be listed on the Nasdaq Stock Market and on the Toronto Stock Exchange.About Xanadu Xanadu is a Canadian quantum computing company with the mission to build quantum computers that are useful and available to people everywhere. Founded in 2016, Xanadu has become one of the world's leading quantum hardware and software companies. The company also leads the development of PennyLane, an open-source software library for quantum computing and application development. Visit <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=dlOo7jLjKt4VXr07jgRBWMCRKjWiOrqUUFOCgMYfGf5AHkIb8p9zu_a5JpMSs_Qxue4G9nejBgleZuq8m0Dimw==">xanadu.ai</a> or follow us on X (formerly Twitter) <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=By59bd4VIqgW32T2vgwqRJQap9tPuQds6lCMbQ_ZFH6gNzZKBimrBhXLkPXlirGCwEvxIkuG_IQ4klm846tAIg==">@XanaduAI</a>.About Crane Harbor Acquisition Corp. Crane Harbor Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.About Thorlabs Thorlabs is a vertically integrated photonics manufacturer founded in 1989 to serve the laser and electro-optics research community. Over the past three decades, the company has expanded its competencies to play a leading role in the photonics industry across research, life science, medical, and quantum technology segments. Backed by a dedicated workforce of more than 3,000 employees worldwide, Thorlabs operates over 1.2 million square feet of manufacturing space that encompasses everything from traditional machine and optics shops and advanced assembly cells to compound semiconductor manufacturing and packaging.Additional Information About the Proposed Transaction and Where to Find It The proposed business combination transaction will be submitted to shareholders of Crane Harbor and Xanadu for their consideration. NewCo and Crane Harbor have jointly confidentially submitted a draft registration statement on Form F-4 (the “Registration Statement”) to the U.S. Securities and Exchange Commission (the “SEC”). The Registration Statement includes a proxy statement/prospectus to be distributed to Crane Harbor’s shareholders in connection with Crane Harbor’s solicitation of proxies for the vote by Crane Harbor’s shareholders in connection with the proposed transaction and other matters to be described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Xanadu’s shareholders in connection with the completion of the proposed transaction. After the Registration Statement has been publicly filed and declared effective by the SEC, a definitive proxy statement/prospectus and other relevant documents will be mailed to Crane Harbor shareholders as of the record date established for voting on the proposed transaction. Before making any voting or investment decision, Crane Harbor’s shareholders and other interested persons are advised to read, once available, the preliminary proxy statement/prospectus and any amendments thereto and, once available, the definitive proxy statement/prospectus, as well as other documents filed with the SEC by NewCo and/or Crane Harbor in connection with the proposed transaction, as these documents will contain important information about NewCo, Crane Harbor, Xanadu and the proposed transaction. Shareholders may obtain a copy of the preliminary or definitive proxy statement/prospectus, once available, as well as other documents filed by NewCo and/or Crane Harbor with the SEC, without charge, at the SEC’s website located at www.sec.gov, Crane Harbor’s website at www.craneharboracquisition.com or by emailing investors@xanadu.ai.Forward-Looking Statements This communication includes “forward-looking statements” within the meaning of the U.S. federal securities laws and “forward-looking information” within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. We have based these forward-looking statements on current expectations and projections about future events. These statements include: the stock exchanges on which the shares of the combined company are expected to trade; proceeds from the business combination and related PIPE; funds received by the combined company from Crane Harbor’s trust account and redemptions by Crane Harbor’s public shareholders; the companies’ ability to advance optical component manufacturing capabilities to address critical challenges in scaling photonic quantum computing systems and the companies’ ability to develop photonic components that address photon phase and polarization stability.These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions, many of which are beyond the control of Xanadu and Crane Harbor. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause the actual results of the combined company following the proposed transaction, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such statements. Such risks and uncertainties include: that Xanadu is pursuing an emerging technology, faces significant technical challenges and may not achieve commercialization or market acceptance; Xanadu’s historical net losses and limited operating history; that there is substantial doubt about Xanadu's ability to continue as a going concern; Xanadu’s expectations regarding future financial performance, capital requirements and unit economics; Xanadu’s use and reporting of business and operational metrics; Xanadu’s competitive landscape; Xanadu’s dependence on members of its senior management and its ability to attract and retain qualified personnel; the potential need for additional future financing; Xanadu’s ability to manage growth and expand its operations; potential future acquisitions or investments in companies, products, services or technologies; Xanadu’s reliance on strategic partners and other third parties; Xanadu’s concentration of revenue in contracts with government or state-funded entities; Xanadu’s ability to maintain, protect and defend its intellectual property rights; risks associated with privacy, data protection or cybersecurity incidents and related regulations; the use, rate of adoption, and regulation of artificial intelligence and machine learning; uncertainty or changes with respect to laws and regulations; uncertainty or changes with respect to taxes, trade conditions and the macroeconomic environment; material weaknesses in Xanadu's internal control over financial reporting and the combined company’s ability to maintain internal control over financial reporting and operate as a public company; the possibility that required shareholder and regulatory approvals for the proposed transaction are delayed or are not obtained, which could adversely affect the combined company or the expected benefits of the proposed transaction; the risk that shareholders of Crane Harbor could elect to have their shares redeemed, leaving the combined company with insufficient cash to execute its business plans; the occurrence of any event, change or other circumstance that could give rise to the termination of the business combination agreement; the outcome of any legal proceedings or government investigations that may be commenced against Xanadu or Crane Harbor; failure to realize the anticipated benefits of the proposed transaction; the ability of Crane Harbor or the combined company to issue equity or equity-linked securities in connection with the proposed transaction or in the future; and other factors described in Crane Harbor’s filings with the SEC. These forward-looking statements are based on certain assumptions, including that none of the risks identified above materialize; that there are no unforeseen changes to economic and market conditions, and that no significant events occur outside the ordinary course of business. Additional information concerning these and other factors that may impact such forward-looking statements can be found in filings and potential filings by Xanadu, Crane Harbor or the combined company resulting from the proposed transaction with the SEC, including under the heading “Risk Factors.” If any of these risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, these statements reflect the expectations, plans and forecasts of Xanadu’s and Crane Harbor’s management as of the date of this communication; subsequent events and developments may cause their assessments to change. While Xanadu and Crane Harbor may elect to update these forward-looking statements at some point in the future, they specifically disclaim any obligation to do so, unless required by applicable securities laws. Accordingly, undue reliance should not be placed upon these statements.In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this presentation, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements.An investment in Crane Harbor is not an investment in any of Crane Harbor’s founders’ or sponsors’ past investments, companies or affiliated funds. The historical results of those investments are not indicative of future performance of Crane Harbor, which may differ materially from the performance of Crane Harbor’s founders’ or sponsors’ past investments.No Offer or Solicitation This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This communication is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the securities described herein in the United States or any other jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. This press release is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering in any province or territory of Canada. In addition, no securities commission or similar regulatory authority in Canada has reviewed or in any way passed upon this press release or the merits of any of the securities described herein and any representation to the contrary is an offense.Participants in the Solicitation NewCo, Crane Harbor, Xanadu and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from Crane Harbor’s shareholders in connection with the proposed transaction. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Crane Harbor’s shareholders in connection with the proposed transaction will be set forth in proxy statement/prospectus when it is filed by NewCo with the SEC. You can find more information about Crane Harbor’s directors and executive officers in Crane Harbor’s final prospectus related to its initial public offering filed with the SEC on April 25, 2025 and in the subsequent Quarterly Reports on Form 10-Q filed by Crane Harbor with the SEC. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement/prospectus when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources described above.Press Contact: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=ZWhPrMgV8rtV_gVDkpm3LfVbztzz4OY32N9WzTwY1wYfRtTM39f7bi0sJs4EzePJYO2NyCDQF3SUVffdbldb5JpUMKZjWajfICwGxB6cFo6MIJIdWG1x-kWD5q_ZlKKcomVrsP6Cyc0IHBq8GGjBmNRI-3EHTH9j4B4wMbIqf9KIPsHxCaVSJuUk1U9xXkXOCR_tTBUOzWxkfbkEsgvd6liKOuEn1gaE1jUEGBA9NEqrv8HvHcDURjC4d72OekRk7BkRConoPI3i-X-ldp440Q==">press@xanadu.ai</a>Investor Relations: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=Cz2v25W4jaU-8Rs0uPe5m_6mhLhZfEvSEhEcKfuWTSgndL0GeI-sqGHPfjU533huB5zq_tFD_wnoFKWkESac8NZIXd0VgsLitVfERe4QuFZrVjF0uPt0kbDQYQCbiL309arBl_-Gf8mPLXYB5XkpqQKFe2iFYZprL3U8uo81Ka_mkAq7hUCX05Vn02EJaMCcQPqD3OPnTfkSl-1Y4vvjINTweRl4S-ejD0nDLMFUD_Mtq10N8H_J4us3bPXtDgbdLmz1tMn5H8OI7gtlGKbVbw==">investors@xanadu.ai</a>Source: Crane Harbor Acquisition Corp.Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.

Xanadu and Thorlabs partner to advance optical controls for photonic quantum computing

Xanadu and Thorlabs partnered to develop customized optical fiber components that improve phase and polarization stability, helping scale photonic quantum computing systems and accelerate high-volume manufacturing for quantum data centers.

TORONTO, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, today announced the addition of two strategic leaders to their executive team: Michael Trzupek as Chief Financial Officer (CFO) and Natalie Wilmore as Chief Legal Officer (CLO). These executive appointments strengthen Xanadu’s leadership as the company executes on its mission to build quantum computers that are useful and available to people everywhere.“Michael and Natalie are outstanding additions to our leadership team,” said Xanadu Founder and CEO Christian Weedbrook. “As we continue towards our vision of building a quantum data center, their experience will strengthen our financial strategy and help ensure we grow with discipline and integrity.”Michael Trzupek, Chief Financial OfficerMichael Trzupek is a seasoned financial and operating executive with a track record of scaling organizations, strengthening balance sheets, and leading complex capital markets functions across a variety of advanced manufacturing and semiconductor companies such as Intel, Microsoft, Imagination Technologies and Core Scientific. Over the course of his career, he has demonstrated the acumen and discipline needed to help fund and scale Xanadu's push towards fault tolerant quantum computing. Michael joins Xanadu from Imagination Technologies, a British semiconductor and software design company, where he led global finance and IT. Prior to that, Mr. Trzupek served as EVP and CFO at Core Scientific, a provider of blockchain infrastructure and digital asset mining services, where he assisted in taking the company public and raising significant capital. Prior to Core Scientific, he spent seven1 years at Microsoft and ten years at Intel in various finance leadership roles.“Xanadu is building something special, and I’m excited to join at this pivotal moment,” said Michael Trzupek. “I look forward to partnering with the team to strengthen our financial foundation, support disciplined growth, and help accelerate the path to delivering quantum computers that are both useful and available.”Natalie Wilmore, Chief Legal OfficerNatalie Wilmore is an experienced in-house attorney with expertise in scaling high-growth public companies. She joins Xanadu from Pagaya Technologies, an AI-powered fintech platform, where she served as VP, Deputy General Counsel and Corporate Secretary, advising on a broad range of legal matters including corporate governance, securities laws, mergers and acquisitions, litigation matters, debt transactions, intellectual property and employment law. A seasoned department builder, she specializes in establishing the scalable legal infrastructures, internal controls, and corporate secretarial processes required to sustain long-term growth as a public entity. She brings a sophisticated transactional pedigree, having led multi-billion2 dollar debt offerings and executed strategic M&amp;A that drove significant enterprise value. Throughout her career, Natalie has been a key advisor on complex capital markets transactions and public market readiness for high-growth companies, including Skillz Inc., a mobile gaming platform, and Exela Technologies, a business process automation company, as well as established global enterprises like TelevisaUnivision, the leading Spanish-language media company and IBM, a multi-national technology company.“I’m thrilled to join Xanadu at such an important point in its history,” said Natalie Wilmore. “I’m eager to work alongside the leadership team to support strong governance and thoughtful risk management, and to help the company scale responsibly as it advances its mission to deliver useful and available quantum computing.”Business CombinationXanadu recently announced a business combination agreement with Crane Harbor Acquisition Corp. ( CHAC ) , a publicly traded special purpose acquisition company (“Crane Harbor”). The combined company, Xanadu Quantum Technologies Limited (“NewCo”), is expected to be capitalized with approximately US$500 million in gross proceeds, comprising approximately US$225 million from Crane Harbor’s trust account, assuming no redemptions by Crane Harbor’s public stockholders, as well as US$275 million from a group of strategic and institutional investors participating in the transaction via a common equity committed private placement investment. NewCo is expected to be listed on the Nasdaq Stock Market and on the Toronto Stock Exchange.About Xanadu &nbsp;Xanadu is a Canadian quantum computing company with the mission to build quantum computers that are useful and available to people everywhere. Founded in 2016, Xanadu has become one of the world’s leading quantum hardware and software companies. Xanadu also leads the development of PennyLane, an open-source software library for quantum computing and application development. Visit xanadu.ai or follow us on X @XanaduAI.About Crane HarborCrane Harbor is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.Additional Information About the Proposed Transaction and Where to Find ItThe proposed business combination transaction will be submitted to shareholders of Crane Harbor and Xanadu for their consideration. NewCo and Crane Harbor have jointly confidentially submitted a draft registration statement on Form F-4 (the “Registration Statement”) to the U.S. Securities and Exchange Commission (the “SEC”). The Registration Statement includes a proxy statement/prospectus to be distributed to Crane Harbor’s shareholders in connection with Crane Harbor’s solicitation of proxies for the vote by Crane Harbor’s shareholders in connection with the proposed transaction and other matters to be described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Xanadu’s shareholders in connection with the completion of the proposed transaction. After the Registration Statement has been publicly filed and declared effective by the SEC, a definitive proxy statement/prospectus and other relevant documents will be mailed to Crane Harbor shareholders as of the record date established for voting on the proposed transaction. Before making any voting or investment decision, Crane Harbor’s shareholders and other interested persons are advised to read, once available, the preliminary proxy statement/prospectus and any amendments thereto and, once available, the definitive proxy statement/prospectus, as well as other documents filed with the SEC by NewCo and/or Crane Harbor in connection with the proposed transaction, as these documents will contain important information about NewCo, Crane Harbor, Xanadu and the proposed transaction. Shareholders may obtain a copy of the preliminary or definitive proxy statement/prospectus, once available, as well as other documents filed by NewCo and/or Crane Harbor with the SEC, without charge, at the SEC’s website located at&nbsp;www.sec.gov, Crane Harbor’s website at&nbsp;www.craneharboracquisition.com&nbsp;or by emailing&nbsp;investors@xanadu.ai.Forward-Looking StatementsThis communication includes “forward-looking statements” within the meaning of the U.S. federal securities laws and “forward-looking information” within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. We have based these forward-looking statements on current expectations and projections about future events. These statements include: the stock exchanges on which the shares of the combined company are expected to trade; proceeds from the business combination and related PIPE; funds received by the combined company from Crane Harbor’s trust account and redemptions by Crane Harbor’s public shareholders; scaling of Xanadu's push towards fault tolerant quantum computing; Xanadu’s ability to build a quantum data center; and Xanadu’s ability to deliver quantum computers that are both useful and available to people everywhere.These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions, many of which are beyond the control of Xanadu and Crane Harbor. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause the actual results of the combined company following the proposed transaction, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such statements. Such risks and uncertainties include: that Xanadu is pursuing an emerging technology, faces significant technical challenges and may not achieve commercialization or market acceptance; Xanadu’s historical net losses and limited operating history; that there is substantial doubt about Xanadu's ability to continue as a going concern; Xanadu’s expectations regarding future financial performance, capital requirements and unit economics; Xanadu’s use and reporting of business and operational metrics; Xanadu’s competitive landscape; Xanadu’s dependence on members of its senior management and its ability to attract and retain qualified personnel; the potential need for additional future financing; Xanadu’s ability to manage growth and expand its operations; potential future acquisitions or investments in companies, products, services or technologies; Xanadu’s reliance on strategic partners and other third parties; Xanadu’s concentration of revenue in contracts with government or state-funded entities; Xanadu’s ability to maintain, protect and defend its intellectual property rights; risks associated with privacy, data protection or cybersecurity incidents and related regulations; the use, rate of adoption, and regulation of artificial intelligence and machine learning; uncertainty or changes with respect to laws and regulations; uncertainty or changes with respect to taxes, trade conditions and the macroeconomic environment; material weaknesses in Xanadu's internal control over financial reporting and the combined company’s ability to maintain internal control over financial reporting and operate as a public company; the possibility that required shareholder and regulatory approvals for the proposed transaction are delayed or are not obtained, which could adversely affect the combined company or the expected benefits of the proposed transaction; the risk that shareholders of Crane Harbor could elect to have their shares redeemed, leaving the combined company with insufficient cash to execute its business plans; the occurrence of any event, change or other circumstance that could give rise to the termination of the business combination agreement; the outcome of any legal proceedings or government investigations that may be commenced against Xanadu or Crane Harbor; failure to realize the anticipated benefits of the proposed transaction; the ability of Crane Harbor or the combined company to issue equity or equity-linked securities in connection with the proposed transaction or in the future; and other factors described in Crane Harbor’s filings with the SEC. These forward-looking statements are based on certain assumptions, including that none of the risks identified above materialize; that there are no unforeseen changes to economic and market conditions, and that no significant events occur outside the ordinary course of business. Additional information concerning these and other factors that may impact such forward-looking statements can be found in filings and potential filings by Xanadu, Crane Harbor or the combined company resulting from the proposed transaction with the SEC, including under the heading “Risk Factors.” If any of these risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, these statements reflect the expectations, plans and forecasts of Xanadu’s and Crane Harbor’s management as of the date of this communication; subsequent events and developments may cause their assessments to change. While Xanadu and Crane Harbor may elect to update these forward-looking statements at some point in the future, they specifically disclaim any obligation to do so, unless required by applicable securities laws. Accordingly, undue reliance should not be placed upon these statements.In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this presentation, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements.An investment in Crane Harbor is not an investment in any of Crane Harbor’s founders’ or sponsors’ past investments, companies or affiliated funds. The historical results of those investments are not indicative of future performance of Crane Harbor, which may differ materially from the performance of Crane Harbor’s founders’ or sponsors’ past investments.No Offer or SolicitationThis communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This communication is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the securities described herein in the United States or any other jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. This press release is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering in any province or territory of Canada. In addition, no securities commission or similar regulatory authority in Canada has reviewed or in any way passed upon this press release or the merits of any of the securities described herein and any representation to the contrary is an offense.Participants in the SolicitationNewCo, Crane Harbor, Xanadu and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from Crane Harbor’s shareholders in connection with the proposed transaction. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Crane Harbor’s shareholders in connection with the proposed transaction will be set forth in proxy statement/prospectus when it is filed by NewCo with the SEC. You can find more information about Crane Harbor’s directors and executive officers in Crane Harbor’s final prospectus related to its initial public offering filed with the SEC on April 25, 2025 and in the subsequent Quarterly Reports on Form 10-Q filed by Crane Harbor with the SEC. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement/prospectus when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources described above.Press Contact:<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:press@xanadu.ai">press@xanadu.ai</a>&nbsp;Investor Relations:<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:investors@xanadu.ai">investors@xanadu.ai</a>Source: Crane Harbor Acquisition Corp.Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.

Xanadu Strengthens Executive Leadership with Appointment of Chief Financial Officer and Chief Legal Officer

Xanadu appointed Michael Trzupek as CFO and Natalie Wilmore as CLO, strengthening its executive team as the company advances its mission to build useful, accessible quantum computers and prepares for public market growth.

Xanadu Strengthens Executive Leadership with Appointment of Chief Financial Ocer and Chief Legal Ocer

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Xanadu

Crane Harbor Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on January 2, 2025 and is headquartered in Philadelphia, PA.

Crane Harbor Acquisition Corp. - Ordinary Shares - Class A

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