Meteora Capital (KRAQ) discloses 2.12M-share position in KRAKacquisition Corp

Rhea-AI Filing Summary

Meteora Capital, LLC and its managing member Vik Mittal report beneficial ownership of 2,119,064 shares of KRAKacquisition Corp Class A Common Stock. This represents 6.14% of the class, held through certain funds and managed accounts advised by Meteora Capital.

The reporting persons have shared voting power and shared dispositive power over all 2,119,064 shares, with no sole voting or dispositive power. They state that this report should not be construed as an admission that any reporting person is the beneficial owner for Section 13 purposes.

Key Figures

Shares beneficially owned: 2,119,064 shares Percent of class: 6.14% Shared voting power: 2,119,064 shares +2 more

5 metrics

Shares beneficially owned 2,119,064 shares Class A Common Stock of KRAKacquisition Corp reported by Meteora Capital and Vik Mittal

Percent of class 6.14% Ownership percentage of KRAKacquisition Corp Class A Common Stock

Shared voting power 2,119,064 shares Shares over which the reporting persons share voting power

Shared dispositive power 2,119,064 shares Shares over which the reporting persons share dispositive power

Sole voting power 0 shares Shares over which the reporting persons have sole voting power

Key Terms

beneficial owner, shared voting power, shared dispositive power, Schedule 13

4 terms

beneficial owner regulatory

"an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

shared voting power financial

"Shared Voting Power 2,119,064.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 2,119,064.00"

Schedule 13 regulatory

"for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock"

FAQ

What percentage of KRAQ does Meteora Capital report owning?

Meteora Capital reports beneficial ownership of 6.14% of KRAKacquisition Corp (KRAQ) Class A Common Stock, representing 2,119,064 shares held through certain funds and managed accounts it manages.

How many KRAQ shares are reported as beneficially owned by Meteora Capital?

Meteora Capital reports beneficial ownership of 2,119,064 KRAKacquisition Corp (KRAQ) Class A Common shares, with shared voting and shared dispositive power over all of these shares and no sole voting or dispositive power.

Who are the reporting persons in this Schedule 13G/A for KRAQ?

The reporting persons are Meteora Capital, LLC, a Delaware limited liability company, and Vik Mittal, its Managing Member, relating to KRAKacquisition Corp (KRAQ) Class A Common Stock held by funds and managed accounts they oversee.

Does Meteora Capital have sole or shared voting power over KRAQ shares?

Meteora Capital and Vik Mittal report 0 shares with sole voting power and 2,119,064 shares with shared voting power in KRAKacquisition Corp (KRAQ), matching their reported shared dispositive power.

What disclaimer do the reporting persons make about KRAQ beneficial ownership?

The reporting persons state that this report should not be construed as an admission that any of them is, for Section 13 of the Exchange Act, the beneficial owner of the KRAKacquisition Corp (KRAQ) Common Stock reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 02:07 PM Accepted by SEC EDGAR 08/14/2026 - 02:06 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

KRAKacquisition Corp

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

G5315G106

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G5315G106

1

Names of Reporting Persons

Meteora Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,119,064.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,119,064.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,119,064.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.14 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: KRAKacquisition Corp
(b)	Address of issuer's principal executive offices: C/o Maples Corporate Services Limited, Po Box 309, Ugland House, Grand Cayman, E9, Ky1-1104
Item 2.
(a)	Name of person filing: (i) Meteora Capital, LLC, a Delaware limited liability company ("Meteora Capital") with respect to the Common Stock (as defined in Item 2(d)) held by certain funds and managed accounts to which Meteora Capital serves as investment manager (collectively, the "Meteora Funds"); and (ii) Vik Mittal, who serves as the Managing Member of Meteora Capital, with respect to the Common Stock held by the Meteora Funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)	Address or principal business office or, if none, residence: The address of the principal business office for each of the Reporting Persons is: 1200 N Federal Hwy, #200, Boca Raton FL 33432
(c)	Citizenship: Meteora Capital is a Delaware limited liability company. Vik Mittal is a United States citizen.
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP No.: G5315G106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2119064
(b)	Percent of class: 6.14 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 2119064
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 2119064
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Meteora Capital, LLC

Signature:	Vik Mittal
Name/Title:	Mr
Date:	08/14/2026