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KRAKacquisition Corp

corporate_fare Company Profile

KRAKacquisition Corp

KRAQ·NASDAQ·Industrials·CIK 0002082119

We are a blank check company, incorporated on July 28, 2025, as an exempted company in the Cayman Islands. Our purpose is to complete a business combination, such as a merger, acquisition, or reorganization, with one or more businesses or entities. While we can pursue an initial business combination in any industry, we plan to focus on companies within the digital asset ecosystem. Our goal is to accelerate growth for teams building connections between decentralized finance (DeFi) and traditional finance (TradFi). We expect to target companies developing core infrastructure for the digital asset economy, including payment networks, tokenization platforms, blockchain infrastructure, and compliance solutions. Although we can consider opportunities in any sector, we believe the most significant opportunities are where DeFi and TradFi converge. We are currently reviewing various potential business combination opportunities but cannot confirm if we will complete a combination with any specific target business. We intend to fund our initial business combination using cash from our Initial Public Offering and the sale of private placement shares, our shares, debt, or a mix of these. Due to our current business activities, we are considered a "shell company" under the Securities Exchange Act of 1934, as amended, as we have no operations and only nominal assets, primarily cash. Our Sponsor was formed through a partnership with Payward, Inc.

KRAKacquisition Corp (NASDAQ:KRAQ) is a publicly traded company in the Industrials sector. Wiseek monitors KRAQ SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

monitoring Financial Snapshot

Fiscal year ended December 31, 2025
Cash & Equivalents
$44.15K
Debt / Equity
0.00×
Source: 10-K · filed 2026-03-30 · accession 0001140361-26-012031
$9.91
Market cap
$427.37M
Volume
12.9K (0.3× avg)
3-mo avg 37.9K
Price snapshot as of 2026-05-22 01:50 UTC (Market snapshot (OVERNIGHT))

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