KRAKacquisition Corp Prices $300 Million IPO on Nasdaq

Reuters
Feb 03
KRAKacquisition Corp Prices $300 Million IPO on Nasdaq

KRAKacquisition Corp has announced the pricing of its upsized $300 million initial public offering, offering 30 million units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each warrant entitling the holder to purchase one Class A ordinary share at $11.50 per share. The units will be listed on the Nasdaq Global Market under the ticker symbol "KRAQU" starting January 28, 2026. Once the securities begin separate trading, the Class A ordinary shares and warrants are expected to trade under the symbols "KRAQ" and "KRAQW," respectively. Santander is acting as the sole book-running manager for the offering.

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