KRAKacquisition director reports 30,000 Class B shares

KRAKacquisition Corp director Nikita Sachdev has filed an initial ownership report showing beneficial ownership of derivative securities in the company.

Rhea-AI Filing Summary

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sachdev Nikita

Role Director

Type	Security	Shares	Price	Value
holding	Class B Ordinary Shares	--	--	--

Holdings After Transaction: Class B Ordinary Shares — 30,000 contracts (Direct)

Footnotes (1)

1. F1. The Class B Ordinary Shares will automatically convert into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, as described under the heading "Description of Securities" in the Issuer's registration statement on form S-1 (File No. 333-292681) and have no expiration date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does KRAKacquisition Corp (KRAQU) Form 3 disclose about Nikita Sachdev?

The Form 3 discloses that director Nikita Sachdev beneficially owns 30,000 Class B Ordinary Shares of KRAKacquisition Corp, held directly. This is an initial ownership report required when an insider becomes subject to Section 16 reporting obligations.

How many KRAKacquisition Corp Class B shares does Nikita Sachdev own?

Nikita Sachdev is reported as directly owning 30,000 Class B Ordinary Shares of KRAKacquisition Corp. This amount appears in the derivative securities table as the number of Class A Ordinary Shares underlying the Class B Ordinary Shares on a one-for-one conversion basis.

How do KRAKacquisition Corp (KRAQU) Class B shares convert to Class A shares?

The filing states that Class B Ordinary Shares automatically convert into Class A Ordinary Shares at the time of the issuer’s initial business combination. The conversion is on a one-for-one basis, subject to adjustment, as described in the company’s S-1 registration statement.

Do KRAKacquisition Corp Class B Ordinary Shares have an expiration date?

According to the footnote, the Class B Ordinary Shares held by Nikita Sachdev have no expiration date. They remain outstanding until automatically converting into Class A Ordinary Shares at the time of KRAKacquisition Corp’s initial business combination, subject to adjustment provisions.

Is Nikita Sachdev a director or officer of KRAKacquisition Corp (KRAQU)?

The Form 3 identifies Nikita Sachdev as a director of KRAKacquisition Corp and not as an officer. The box for director is checked, while the officer and 10% owner boxes are not selected in the relationship section.

Is Nikita Sachdev’s ownership in KRAKacquisition Corp direct or through another entity?

The derivative holding of 30,000 Class B Ordinary Shares is reported with ownership form marked as Direct (D). The nature of indirect beneficial ownership field is blank, indicating the position is not reported through a separate intermediary entity.

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

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Accepted by SEC EDGAR 02/03/2026 - 07:34 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Sachdev Nikita

(Last) (First) (Middle)

C/O KRAKACQUISITION CORP

1455 ADAMS DR #1630

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/27/2026

3. Issuer Name and Ticker or Trading Symbol
KRAKacquisition Corp [ KRAQ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares	(1)	(1)	Class A Ordinary Shares	30,000	(1)	D

Explanation of Responses:

1. The Class B Ordinary Shares will automatically convert into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, as described under the heading "Description of Securities" in the Issuer's registration statement on form S-1 (File No. 333-292681) and have no expiration date.

Remarks:

See Exhibit 24.1 - Power of Attorney

	/s/ Ravikant Tanuku, as Attorney-in-Fact	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.