Meteora Capital reports 2.81M-share stake in KRAKacquisition Corp (KRAQ)

Rhea-AI Filing Summary

KRAKacquisition Corp: Meteora Capital reports beneficial ownership of 2,808,467 shares of Class A Common Stock (6.51%) as of 03/31/2026. The filing states that Meteora Capital and Vik Mittal share voting power and shared dispositive power over these shares. The address for Meteora Capital is provided and the statement is signed by Vik Mittal on 05/15/2026.

Insights

Institutional Ownership Analyst

Meteora Capital reports a 6.51% passive stake in KRAKacquisition Corp.

The Schedule 13G shows 2,808,467 shares of Class A Common Stock with shared voting and dispositive power held by Meteora-managed funds as of 03/31/2026. The filing identifies Meteora Capital, LLC and Vik Mittal as reporting persons and lists a Boca Raton address.

Ownership is presented as shared power rather than sole control; the filing does not state any planned transactions or changes to holdings. Subsequent filings would disclose changes in position or any active intent.

Key Figures

Beneficial ownership: 2,808,467 shares Percent of class: 6.51% Shared voting power: 2,808,467 shares +2 more

5 metrics

Beneficial ownership 2,808,467 shares Class A Common Stock as of 03/31/2026

Percent of class 6.51% Percent of Class A Common Stock reported in Item 4(b)

Shared voting power 2,808,467 shares Shared voting power reported in Item 4(c)(ii)

Shared dispositive power 2,808,467 shares Shared dispositive power reported in Item 4(c)(iv)

Signature date 05/15/2026 Statement signed by Vik Mittal

Key Terms

Schedule 13G, beneficially owned, shared dispositive power

3 terms

Schedule 13G regulatory

"Item 1. Name of issuer: KRAKacquisition Corp"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

beneficially owned regulatory

"Item 4. (a) Amount beneficially owned: 2808467"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared dispositive power regulatory

"Item 4. (c)(iv) Shared power to dispose or to direct the disposition of: 2808467"

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

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Accepted by SEC EDGAR 05/15/2026 - 01:16 PM Learn about SEC filing dates

FAQ

What stake does Meteora Capital report in KRAQ?

Meteora Capital reports beneficial ownership of 2,808,467 shares (6.51%). The Schedule 13G states this position in Class A Common Stock as of 03/31/2026, with shared voting and dispositive power attributed to the reporting persons.

Who are the reporting persons on the Schedule 13G for KRAQ?

The filing names Meteora Capital, LLC and Vik Mittal as reporting persons. Meteora is the investment manager for certain funds and Mr. Mittal is the managing member, per the statement's Item 2 text.

Does the filing indicate Meteora has sole voting control of the shares?

No. The Schedule 13G reports 0 sole voting power and 2,808,467 shared voting power. The filing therefore attributes voting and dispositive authority to the reporting group collectively, not to a single sole-holder.

When was the Schedule 13G signed and what address is listed?

The statement is signed by Vik Mittal on 05/15/2026. The principal business office for the reporting persons is listed as 1200 N Federal Hwy, #200, Boca Raton, FL 33432 in Item 2(b).

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

KRAKacquisition Corp

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

G5315G106

(CUSIP Number)

03/31/2026

(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 2,808,467.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,808,467.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,808,467.00

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)

6.51 %

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 Number(s): 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: 2808467
(b)	Percent of class: 6.51 %
(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: 2808467
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 2808467
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:	05/15/2026