KRAKacquisition (KRAQ)
Blank-check company seeking digital-asset and fintech infrastructure businesses.
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Seeks a merger or acquisition with a digital-asset or fintech infrastructure business, including payment, tokenization, blockchain, and compliance platforms. It has no operating business or operating revenue; cash held in trust is reserved for a transaction, shareholder redemptions, or liquidation.
Seeks to merge with or acquire a business in the digital-asset ecosystem, focusing on payment networks, tokenization platforms, blockchain infrastructure, compliance tools, and services connecting decentralized and traditional finance. Its mandate permits targets in any industry or geography.
Operates as a blank-check company rather than an operating business. The team sources candidates, conducts due diligence, negotiates a transaction, and can fund a deal with trust-held cash, shares, debt, or a combination. Sponsor relationships span Kraken, Tribe Capital, and Natural Capital.
Has not generated operating revenue or announced a specific target. A transaction may require shareholder approval or a tender process, while public shareholders can redeem their shares. Missing the combination deadline requires liquidation.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $746.6K · Total debt $0 · Total assets $350.8M · Shareholders' equity −$19.9M
- Revenue
- $0
- Operating income
- −$232.0K
- Net income
- $2.8M
No dividends on record.
| Institutions36 holders · as of Mar 31, 2026 · largest filers only | ≥ 46.87% | 20.21M shares | |
| Otherremainder | ≤ 53.13% | 22.91M shares |
43.13M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Institutional filings for KRAQW, KRAQW (100% of the company) are not on file here, so the institutional figure is a floor.
This quarter's institutional total failed a plausibility check; shown: the 35 largest filers, so at least this.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Meteora Capital, LLCInstitution | 6.51% | 2.81M A | 13Fas of Mar 31, 2026 |
Adage Capital Partners GP, L.L.C.Institution | 5.74% | 2.48M A | 13Fas of Mar 31, 2026 |
Adage Capital Management, L.P.Institution | 5.74% | 2.48M | 13Gfiled May 13, 2026 ↗ |
Magnetar Financial LLCInstitution | 3.48% | 1.50M A | 13Fas of Mar 31, 2026 |
Governors Lane LPInstitution | 2.32% | 1.00M A | 13Fas of Mar 31, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
Nothing filed in the last 12 months.
Not reported.