Cheyenne WY, USA, Jan. 12, 2026 (GLOBE NEWSWIRE) -- KRAKacquisition Corp, a newly organized blank check company (commonly referred to as a special purpose acquisition company, or SPAC) incorporated as a Cayman Islands exempted company (the "Company"), today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to its proposed initial public offering.

KRAKacquisition Corp was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The Company has not selected any specific business combination target and has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target.

The proposed initial public offering is expected to consist of 25,000,000 units. Each unit is expected to have an offering price of $10.00 and consist of one Class A ordinary share and one-fourth of one redeemable warrant. KRAKacquisition ...