KRAKacquisition Corp Announces Pricing of Upsized $300,000,000 Initial Public Offering

Cheyenne WY, USA -, Jan. 27, 2026 (GLOBE NEWSWIRE) -- KRAKacquisition Corp ("Company") announced today the pricing of its initial public offering of 30,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market ("Nasdaq") in the United States and trade under the ticker symbol "KRAQU" beginning on January 28, 2026. Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. When the securities comprising the units begin separate trading, the Company expects that the Class A ordinary shares and warrants will be listed on Nasdaq under the symbols "KRAQ" and "KRAQW," respectively. KRAQ expects the initial public offering to close on January 29, 2026, subject to customary closing conditions.

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 ...