KRAKacquisition Corp Unit
KRAQU
NASDAQ Global Market10.10
USD
-0.03
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KRAKacquisition Corp Unit
KRAQU
(NASDAQ Global Market)
Recent
price
10.10
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- KRAKacquisition Corp Unit; Special purpose acquisition company (SPAC) focused on merging with and acquiring regulated, revenue-generating digital assets and fintech infrastructure businesses to operate as public companies; main products/services include SPAC vehicle formation and management, equity and financing services for targeted acquisitions, and post-merger integration support for scaled digital asset and fintech platforms. Latest major changes include the completion of an upsized initial public offering raising approximately $345 million through 34.5 million units, including exercise of the underwriter’s full over-allotment option; listing on Nasdaq Global Market under the ticker KRAQU and execution of its public market strategy with Kraken-affiliated sponsorship; strategic alliances with Natural Capital, Tribe Capital, and Payward, Inc. to sponsor and support the SPAC structure; and ongoing preparations for identifying and pursuing business combinations in the digital asset and related infrastructure sectors. Additional context: The company operates in the SPAC segment within the financial services industry, targeting digital asset infrastructure, payment networks, tokenization platforms, and compliance solutions as potential merger candidates; the likely customer base includes institutional investors seeking public-market access to digital asset-enabled businesses; geographic footprint is oriented toward global opportunities with a U.S. listing and international deal sourcing; parent and affiliate relationships include sponsors connected to Natural Capital, Tribe Capital, and Payward, Inc. (Kraken). Founding year and headquarters are tied to its formation as a blank-check vehicle in the United States, with headquarters in Cheyenne, Wyoming, and governance designed to facilitate rapid identification and execution of business combinations in the digital asset ecosystem. Substantive operational changes over the last 1–2 years center on IPO execution, listing, and alignment with sponsor entities to propel its acquisition agenda.
Company News
KRAKacquisition Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants
KRAQU’s Quiet Period To Expire on March 9th (NASDAQ:KRAQU)
U.S. IPO Weekly Recap: Trio Of Sizable Listings Underwhelm To Close Out January
KRAKacquisition Corp Announces Closing of Upsized $345 Million Initial Public Offering and Full Exercise of Over-Allotment Option