KRAKacquisition Stock Price, News & Analysis
Company Description
KRAKacquisition Corp is a special purpose acquisition company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company is a Cayman Islands exempted company and its public securities are structured around units, Class A ordinary shares and redeemable warrants rather than an operating business.
The company's units trade on the Nasdaq Global Market under the symbol KRAQU. Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share, subject to the terms of the warrant agreement. After separation, the Class A ordinary shares and warrants trade under the symbols KRAQ and KRAQW, respectively, while unseparated units continue to trade as KRAQU.
KRAKacquisition Corp completed its initial public offering in January 2026. Proceeds from the public offering, together with certain private placement proceeds, were placed in a trust account for the benefit of public shareholders and the underwriters, with Continental Stock Transfer & Trust Company serving as trustee. The trust structure, redemption rights and business-combination deadline are central features of the company's SPAC model. Funds in the trust account are generally restricted until the earlier of an initial business combination or redemption of the public shares if no qualifying transaction is completed within the stated period, subject to permitted withdrawals described in the company's offering documents.
The company has stated that it has not selected a specific business-combination target. As a SPAC, KRAKacquisition Corp's public-company identity is defined by its acquisition mandate, sponsored structure, public units, warrants, trust account, redemption mechanics, shareholder-vote matters and capital-structure disclosures rather than by operating revenue, products or services.
Stock Performance
KRAKacquisition (KRAQU) stock last traded at $10.06, down 0.12% from the previous close. Over the past 12 months, the stock has lost 0.5%.
Latest News
KRAKacquisition has 3 recent news articles. Of the recent coverage, 1 article coincided with positive price movement and 1 with negative movement. Key topics include IPO, offering. View all KRAQU news →
SEC Filings
KRAKacquisition has filed 9 recent SEC filings, including 4 Form SCHEDULE 13G, 2 Form 10-Q, 2 Form 10-K, 1 Form 8-K. The most recent filing was submitted on May 15, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all KRAQU SEC filings →
Financial Highlights
Upcoming Events
Short Interest History
Short interest in KRAKacquisition (KRAQU) currently stands at 3.8 thousand shares, up 1.1% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has decreased by 90.2%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for KRAKacquisition (KRAQU) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.
KRAQU Company Profile & Sector Positioning
KRAKacquisition (KRAQU) operates in the Shell Companies industry within the broader Blank Checks sector and is listed on the NASDAQ.