Group 1 - KRAKacquisition Corp announced the pricing of its initial public offering (IPO) of 30,000,000 units at $10.00 per unit, with trading set to begin on January 28, 2026, under the ticker symbol "KRAQU" on Nasdaq [1] - Each unit consists of one Class A ordinary share and one-fourth of a redeemable warrant, allowing the holder to purchase one Class A ordinary share at a price of $11.50 per share [1] - The IPO is expected to close on January 29, 2026, subject to customary closing conditions [1] Group 2 - KRAKacquisition Corp was formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, but has not selected any specific target [2] - Santander is acting as the sole book-running manager for the offering and has been granted a 45-day option to purchase up to 4,500,000 additional units to cover over-allotments [3] Group 3 - A registration statement for the securities sold in the IPO was declared effective by the U.S. Securities and Exchange Commission on January 27, 2026 [5] - The offering is being made only by means of a prospectus, which will be available for free from the U.S. Securities and Exchange Commission website and from Santander US Capital Markets LLC [4]
KRAKacquisition Corp Announces Pricing of Upsized $300,000,000 Initial Public Offering