KRAKacquisition (KRAQU) to allow separate trading of shares and warrants

Rhea-AI Filing Summary

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.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 19, 2026

KRAKacquisition Corp

(Exact name of registrant as specified in its charter)

Cayman Islands		001-43073		98-1875195
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification Number)

1455 Adams Dr #1630 Menlo Park, CA		94025
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (415) 538-3600

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Units, each consisting of one Class A ordinary share, and one-fourth of one redeemable warrant		KRAQU		The Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 per share		KRAQ		The Nasdaq Stock Market LLC
Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50		KRAQW		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On March 19, 2026, KRAKacquisition Corp (the “Company”) issued a press release, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K, announcing that the holders of the Company’s units (the “Units”) may elect to separately trade the Class A ordinary shares and warrants included in the Units commencing on March 20, 2026. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and warrants. No fractional warrants will be issued upon separation of the Units and only whole warrants will trade. Those Units not separated will continue to trade on the Nasdaq Global Market under the symbol “KRAQU,” and each of the Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “KRAQ” and “KRAQW,” respectively.

Item 9.01 Financial Statements and Exhibits.

(d)	Exhibits. The following exhibit is filed with this Form 8-K:
99.1	Press Release, dated March 19, 2026.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: March 19, 2026
	KRAKACQUISITION CORP
	By:	/s/ Ravikant Tanuku
	Name:	Ravikant Tanuku
	Title:	Chief Executive Officer

Exhibit 99.1

KRAKacquisition Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing March 20, 2026

Cheyenne, WY, USA, March 19, 2026 – KRAKacquisition Corp (Nasdaq: KRAQU) (the “Company”), a blank check company sponsored by an affiliate of Natural Capital, Tribe Capital, and Payward, Inc. (Kraken), today announced that, commencing March 20, 2026, holders of the units sold in the Company’s initial public offering may elect to separately trade the Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and warrants. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “KRAQU,” and the Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “KRAQ” and “KRAQW,” respectively.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering was made only by means of a prospectus, copies of which may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, by email at equity-syndicate@santander.us, or by telephone at 833-818-1602. 

About KRAKacquisition Corp

KRAKacquisition Corp was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The Company has not selected any specific business combination target.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated date that the Class A ordinary shares and warrants may begin to trade separately and the ability for those units not separated to continue to trade on Nasdaq. Actual results and circumstances could differ materially from those contemplated by the forward-looking statements, which are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the offering filed with the with the U.S. Securities and Exchange Commission (the “SEC”). Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

For more information, please contact:

KRAKacquisition Corp

Conor McLarnon

+44 7749 080 683

Conor@lunapr.io

FAQ

What did KRAKacquisition Corp (KRAQU) announce in this 8-K filing?

KRAKacquisition Corp announced that, starting March 20, 2026, holders of its units may separately trade the Class A ordinary shares and warrants. Units keep the KRAQU symbol, while separated shares trade as KRAQ and warrants as KRAQW on the Nasdaq Global Market.

When can KRAKacquisition Corp’s units begin separate trading of shares and warrants?

Separate trading of KRAKacquisition Corp’s Class A ordinary shares and warrants begins on March 20, 2026. From that date, investors can ask their brokers to contact Continental Stock Transfer & Trust Company to split units into individual shares and warrants for separate Nasdaq trading.

How will KRAKacquisition Corp’s securities trade after unit separation?

After separation, units will continue trading on Nasdaq as KRAQU. The Class A ordinary shares will trade under the symbol KRAQ, and the warrants will trade under KRAQW. Only whole warrants will trade, since no fractional warrants are issued when units are separated.

Do investors receive fractional warrants when KRAKacquisition units are split?

Investors do not receive fractional warrants when units are split. KRAKacquisition Corp states that no fractional warrants will be issued upon separation, and only whole warrants will trade on the Nasdaq Global Market under the symbol KRAQW alongside the Class A ordinary shares.

Is this KRAKacquisition Corp announcement an offer to sell its securities?

The announcement is not an offer to sell or a solicitation to buy KRAKacquisition Corp securities. The company emphasizes that any offering was made only by means of a prospectus and that sales must comply with applicable state and federal securities registration or qualification requirements.

What is the business purpose of KRAKacquisition Corp as described here?

KRAKacquisition Corp was formed to complete a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. The company notes that it has not yet selected a specific business combination target and remains a blank check company seeking an appropriate transaction.

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 6.3 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.6 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 18.6 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 28.5 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 20.8 KB