Santander United States Capital Markets LLC is functioning as the sole underwriter for the offering. The offering was made just by ways of a prospectus, copies of which might be gotten from Santander United States Capital Markets LLC, 437 Madison Opportunity, New York City, NY 10022, Attention: ECM Distribute, by e-mail at [email protected], or by telephone at 833-818-1602.
Cautionary Note Worrying Forward-Looking Statements
About KRAKacquisition Corp
KRAKacquisition Corp is a blank check business formed for the function of effecting a service mix with several operating services. The Business is sponsored by an affiliate of Kraken.
Media Contacts:
KRAKacquisition Corp
.
Conor McLarnon. +44 7749 080 683.
[email protected]
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Cheyenne, WY, U.S.A., Jan. 30, 2026 (WORLD NEWSWIRE)– KRAKacquisition Corp ( the “Business”), an unique function acquisition business sponsored by an affiliate of Natural Capital, People Capital, and Payward, Inc. (“ Kraken“), today revealed the closing of its formerly revealed upsized going public of 34,500,000 systems, consisting of an extra 4,500,000 systems offered pursuant to the complete workout by the underwriter of its over-allotment choice. The offering was priced at $10.00 per system, leading to gross earnings of $345 million, before subtracting underwriting discount rates and commissions and other offering expenditures payable by the Business.
The Business’s systems started trading on the Nasdaq Global Market under the ticker sign “KRAQU” on January 28, 2026. Each system includes one Class A common share and one-fourth of one redeemable warrant, with each warrant entitling the holder thereof to buy one Class A common share at a cost of $11.50 per share. As soon as the securities consisting of the systems start different trading, the Class A common shares and warrants are anticipated to be noted on the Nasdaq Global Market under the ticker signs “KRAQ” and “KRAQW,” respectively.
KRAKacquisition Corp (Info on our site is not consisted of or included by recommendation into this news release) was formed for the function of effecting a merger, share exchange, property acquisition, share purchase, reorganization, or comparable company mix with several services. The Business has actually not picked any particular company mix target and has not, nor has anybody on its behalf, taken part in any substantive conversations, straight or indirectly, with any company mix target.
A registration declaration on Kind S-1 connecting to the securities ended up being efficient on January 27, 2026, in accordance with Area 8( a) of the Securities Act of 1933, as modified. This news release will not make up a deal to offer or the solicitation of a deal to purchase, nor will there be any sale of these securities in any state or jurisdiction in which such deal, solicitation, or sale would be illegal previous to registration or credentials under the securities laws of any such state or jurisdiction.
This news release includes declarations that make up “positive declarations,” consisting of with regard to the going public and the expected usage of the net earnings thereof. No guarantee can be considered that the Business will eventually finish a service mix or that the net earnings of the offering will be utilized as suggested. Positive declarations undergo many conditions, much of which are beyond the Business’s control, consisting of those explained in the Threat Aspects area of the Business’s registration declaration and initial prospectus for the Business’s offering submitted with the U.S. Securities and Exchange Commission (the “SEC”). Copies are offered on the SEC’s site, at www.sec.gov. The Business carries out no responsibility to upgrade these declarations for modifications or modifications after the date of this release, other than as needed by law.