Welcome to our dedicated page for KRAKacquisition SEC filings (Ticker: KRAQU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
KRAKacquisition Corp filings document the regulatory structure of a SPAC issuer, including registration statements, Form 8-K material-event reports, unit terms, Class A ordinary shares, redeemable warrants and private placement warrants. The filings describe the company's Nasdaq-listed securities, Cayman Islands incorporation, sponsor financing and the trust account established after the initial public offering.
The company's disclosures also cover material agreements, offering proceeds, redemption mechanics, business-combination timing, security separation procedures and capital-structure details for KRAQU units, KRAQ Class A ordinary shares and KRAQW warrants.
KRAKacquisition Corp, a newly formed SPAC, reported a net loss of $8,910,820 for the three months ended March 31, 2026, driven by general and administrative expenses of $10,965,430, partly offset by $2,054,610 of interest income on invested IPO proceeds.
After its January IPO of 34,500,000 units raising gross proceeds of $345,000,000, the company held $346,999,121 of marketable securities in a Trust Account and $824,617 of cash outside the trust, resulting in working capital surplus of $778,481 as of March 31, 2026.
All 34,500,000 Class A ordinary shares are redeemable at $10.06 per share, while 8,625,000 Class B founder shares remain outstanding. The SPAC has until January 29, 2028 to complete a qualifying Business Combination or it will liquidate and return Trust Account funds to public shareholders.
KRAKacquisition Corp, a newly formed SPAC, reported a net loss of $8,910,820 for the three months ended March 31, 2026, driven by general and administrative expenses of $10,965,430, partly offset by $2,054,610 of interest income on invested IPO proceeds.
After its January IPO of 34,500,000 units raising gross proceeds of $345,000,000, the company held $346,999,121 of marketable securities in a Trust Account and $824,617 of cash outside the trust, resulting in working capital surplus of $778,481 as of March 31, 2026.
All 34,500,000 Class A ordinary shares are redeemable at $10.06 per share, while 8,625,000 Class B founder shares remain outstanding. The SPAC has until January 29, 2028 to complete a qualifying Business Combination or it will liquidate and return Trust Account funds to public shareholders.
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.
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.
KRAKacquisition Corp reports a 13G filing showing Adage Capital and associated persons 7.17% ownership of Class A ordinary shares. The filing states each Reporting Person holds 2,475,000 shares, calculated from 34,500,000 Class A Ordinary Shares outstanding as of March 30, 2026.
The statement names Adage Capital Management, L.P., Robert Atchinson and Phillip Gross as joint reporting persons and describes shared voting and dispositive power for the reported shares.
KRAKacquisition Corp reports a 13G filing showing Adage Capital and associated persons 7.17% ownership of Class A ordinary shares. The filing states each Reporting Person holds 2,475,000 shares, calculated from 34,500,000 Class A Ordinary Shares outstanding as of March 30, 2026.
The statement names Adage Capital Management, L.P., Robert Atchinson and Phillip Gross as joint reporting persons and describes shared voting and dispositive power for the reported shares.
KRAKacquisition Corp, a Cayman Islands-based blank check company, files its annual report outlining its structure and strategy as a SPAC focused on the digital asset ecosystem and the convergence of DeFi and traditional finance. The company completed an initial public offering of 34,500,000 units at $10.00 per unit, placing approximately $345.0 million into a trust account, with additional proceeds from 2,250,000 private placement warrants.
The SPAC has 24 months from its IPO closing to complete a business combination, primarily targeting digital asset infrastructure, payment networks, tokenization platforms, and related services. Public shareholders are offered redemption rights at about $10.00 per share in connection with a business combination or liquidation, subject to detailed limits, including a 15% cap on redemptions by any single holder or group when a shareholder vote is used. As of March 30, 2026, the company reports 43,125,000 shares outstanding and emphasizes extensive risk factors related to completing a deal, high competition for targets, and the possibility that investors could lose part or all of their investment if no transaction is completed.
KRAKacquisition Corp, a Cayman Islands-based blank check company, files its annual report outlining its structure and strategy as a SPAC focused on the digital asset ecosystem and the convergence of DeFi and traditional finance. The company completed an initial public offering of 34,500,000 units at $10.00 per unit, placing approximately $345.0 million into a trust account, with additional proceeds from 2,250,000 private placement warrants.
The SPAC has 24 months from its IPO closing to complete a business combination, primarily targeting digital asset infrastructure, payment networks, tokenization platforms, and related services. Public shareholders are offered redemption rights at about $10.00 per share in connection with a business combination or liquidation, subject to detailed limits, including a 15% cap on redemptions by any single holder or group when a shareholder vote is used. As of March 30, 2026, the company reports 43,125,000 shares outstanding and emphasizes extensive risk factors related to completing a deal, high competition for targets, and the possibility that investors could lose part or all of their investment if no transaction is completed.
KRAKacquisition Corp, a blank check company listed on Nasdaq, announced that investors in its units can begin separately trading the Class A ordinary shares and warrants included in those units starting on March 20, 2026. Units will continue to trade under the symbol KRAQU, while the separated Class A shares and warrants will trade under KRAQ and KRAQW, respectively. Only whole warrants will trade, as no fractional warrants will be issued upon separation. The company reiterates that this communication is not an offer to sell or solicit purchases of its securities and that its purpose remains to complete a future business combination, although no target has yet been selected.
Meteora Capital, LLC and its managing member Vik Mittal have filed a Schedule 13G reporting beneficial ownership of KRAKacquisition Corp class A common stock. They report beneficial ownership of 2,527,282 shares, representing 8.70% of the class, as of the event date 01/31/2026.
The filing states that Meteora Capital has shared voting and dispositive power over these 2,527,282 shares through certain funds and managed accounts it oversees, with no sole voting or dispositive power. The securities are reported as being held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
KRAKacquisition Corp reports it has completed its initial public offering of 34,500,000 units at $10.00 per unit, raising gross proceeds of $345,000,000. It also sold 2,250,000 private placement warrants at $1.00 each for an additional $2,250,000.
The company placed $345,000,000 of IPO and private placement proceeds into a trust account for the benefit of public shareholders and underwriters, with funds generally locked up until a business combination or full redemption. It has 24 months, until January 29, 2028, to complete a business combination or liquidate.
An audited balance sheet as of January 29, 2026 shows total assets of $346,776,784, including $345,000,000 in the trust account and $1,776,784 in cash for working capital. Management notes that IPO proceeds provide sufficient liquidity for at least one year, alleviating prior substantial doubt about going concern, while the company remains a pre-revenue SPAC seeking a suitable target.
KRAKacquisition Corp director Nikita Sachdev has filed an initial ownership report showing beneficial ownership of derivative securities in the company. Sachdev holds 30,000 Class B Ordinary Shares, reported as directly owned.
These Class B Ordinary Shares will automatically convert into an equal number of Class A Ordinary Shares on a one-for-one basis at the time of KRAKacquisition Corp’s initial business combination, subject to adjustment. The footnote states that these Class B shares have no expiration date.
KRAKacquisition Corp, a newly formed special purpose acquisition company, completed its upsized initial public offering of 34,500,000 units at $10.00 per unit, raising gross proceeds of $345,000,000 before fees and expenses. Each unit includes one Class A ordinary share and one-fourth of a redeemable warrant exercisable at $11.50 per share.
The sponsor bought 2,250,000 private placement warrants for $2,250,000, and a total of $345,000,000 from the IPO and private placement was deposited in a trust account for the benefit of public shareholders. The company has up to 24 months from the IPO closing to complete an initial business combination or redeem public shares.
The board of directors was expanded with six new directors, committees were formed, and indemnity and administrative services agreements were executed, including a $30,000 per month services fee to the sponsor until a business combination or liquidation. The company’s initial shareholders now hold 8,625,000 Class B ordinary shares following a share capitalization.