KRAKacquisition Corp Warrants
KRAQW
NASDAQ Global Market0.44
USD
-0.06
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KRAKacquisition Corp Warrants
KRAQW
(NASDAQ Global Market)
Recent
price
0.44
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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 warrants (KRAQW) warrants holders to buy Class A ordinary shares of KRAKacquisition Corp at $11.50 per share for a five-year period following completion of an initial business combination, with adjustments for certain events; warrants are issued in separate public and private placements, and are subject to standard warrant agent arrangements and redemption terms; the company operates as a blank-check SPAC sponsor, focusing on identifying and consummating a merger or acquisition in the Kraken-affiliated ecosystem, with a used structure that allows trading of the securities independently from the units. KRAKacquisition Corp is incorporated in Delaware and headquartered in Cheyenne, Wyoming, and its operations center on facilitating a psychology of value creation through a targeted merger approach, with a mandate to complete a business combination within a defined timeframe. The latest major changes include separate trading of its units into KRAQ (Class A shares) and KRAQW (warrants) effective March 20, 2026, following an upsized initial public offering and subsequent full exercise of the underwriter's over-allotment option, and the execution of a Warrant Agreement with Continental Stock Transfer & Trust Company detailing exercise mechanics, adjustments, and transfer logistics; the company also announces private placement warrant arrangements with its sponsor, and working capital warrants linked to sponsor loans, underscoring ongoing capital formation and liquidity management in the near term. Industry context centers on SPAC activity in the financial services and technology-enabled finance space, with target markets spanning global corporations seeking rapid liquidity events or strategic transformations; primary customers are investors and counterparties in nascent merger transactions, while the geographic footprint reflects the United States market, with additional regulatory and listing considerations handled by Nasdaq and associated agents. Founding year is 2021, with headquarters in Cheyenne, Wyoming, and a strategic emphasis on partnering with Kraken-affiliated sponsors to facilitate inorganic growth through a structured SPAC framework; subsidiaries and parent relationships are limited to the SPAC structure and its sponsor entities, with no broader operating subsidiaries disclosed beyond the warrant and financing arrangements. This description reflects the company’s core products and services (public warrants, private placement warrants, working capital warrants, and units) and highlights the latest changes (separation of trading for KRAQ and KRAQW, Warrant Agreement terms, and the upsized IPO and subsequent option exercise), providing a concise snapshot of the firm’s current business profile and recent strategic moves.