# Crown PropTech Acquisitions (CPTKW) — merger/spac_merger [pending]
Source: SEC API (secapi.ai) · situation sit_d3732942331e528ebd17 · retrieved 2026-08-11T16:01:54.687Z

## Overview
Crown PropTech Acquisitions is a Cayman Islands-exempted special purpose acquisition company (SPAC) seeking to effect a business combination with Mkango Rare Earths Limited, which owns the advanced-stage Songwe Hill rare earths development project in Malawi and a proposed rare earths separation project in Pulawy, Poland.

Crown PropTech Acquisitions (SPAC) and Mkango Rare Earths Limited (MKAR) amended their business combination agreement on February 13, 2026, extending the Outside Date from March 11, 2026 to September 30, 2026. The agreement includes an automatic extension to December 31, 2026 if the SEC has not declared the Proxy/Registration Statement effective by August 14, 2026. The amendment also restructures the pre-closing reorganization so that MKAR will own the assets and operations of the Songwe Hill rare earth project in Malawi and the proposed separation plant in Pulawy, Poland.

## Terms
- Counterparty: Mkango Rare Earths Limited

## Key dates
- Announced 2026-02-17 · Expiry 2026-12-31 · Expected close 2026-09-30

## Timeline
- 2026-02-17 · 425 (0001213900-26-016864): 425 - Crown PropTech Acquisitions — *Crown PropTech Acquisitions is a Cayman Islands-exempted special purpose acquisition company (SPAC) seeking to effect a business combination with Mkango Rare Earths Limited, which owns the advanced-stage Songwe Hill rare earths development project in Malawi and a proposed rare earths separation project in Pulawy, Poland.* Crown PropTech Acquisitions (SPAC) and Mkango Rare Earths Limited (MKAR) amended their business combination agreement on February 13, 2026, extending the Outside Date from March 11, 2026 to September 30, 2026. The agreement includes an automatic extension to December 31, 2026 if the SEC has not declared the Proxy/Registration Statement effective by August 14, 2026. The amendment also restructures the pre-closing reorganization so that MKAR will own the assets and operations of the Songwe Hill rare earth project in Malawi and the proposed separation plant in Pulawy, Poland.
  https://www.sec.gov/Archives/edgar/data/1827899/0001213900-26-016864.txt

## Citations
- 0001213900-26-016864 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026016864