---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-003274"
form_type: "8-K"
ticker: "KRAQ"
cik: "0002082119"
company_name: "KRAKacquisition Corp"
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:47:09.379634+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KRAKacquisition Corp closes upsized $345M IPO; 34.5M units at $10 each

## Summary
- Gross proceeds $345M from 34.5M units (full overallotment); each unit = 1 Class A share + 1/4 warrant exercisable at $11.50.
- Sponsor purchased 2.25M private placement warrants at $1 each, generating $2.25M additional proceeds.
- Net proceeds deposited in trust account; Company has 24 months to complete initial business combination or redeem shares.
- Board expanded to 16; three former KRAK directors appointed: Michael Van de Ven, Barbara Smith, Derek Kerr.
- Company has not selected any business combination target and has not engaged in substantive discussions.

## SEC filing metadata
- accession: 0001140361-26-003274
- form_type: 8-K
- ticker: KRAQ
- cik: 0002082119
- company_name: KRAKacquisition Corp
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2082119/000114036126003274/0001140361-26-003274-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2082119/000114036126003274/ny20054630x13_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-003274
- JSON: https://secwatch.observer/filing/0001140361-26-003274.json
- Plain text: https://secwatch.observer/filing/0001140361-26-003274.txt

## Source-grounded claims
- claim_id: 7c611e6afdc5b99aa661b42e1f004588314ba222
  claim: KRAKacquisition Corp: Adopted Second Amended and Restated Memorandum and Articles of Association (effective 2026-01-27).
  evidence_excerpt: On January 27, 2026, the Company adopted its Second Amended and Restated Memorandum and Articles of Association.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2082119/000114036126003274/0001140361-26-003274-index.htm
- claim_id: 0e1bdfc8c79473ecae0d3d22db94a614adbed2f9
  claim: KRAKacquisition Corp entered into Private Placement Warrants Purchase Agreement with NCTK Sponsor LLC (effective 2026-01-27).
  evidence_excerpt: a Private Placement Warrants Purchase Agreement, dated January 27, 2026, between the Company and NCTK Sponsor LLC (the “ Sponsor ”), pursuant to which the Sponsor purchased 2,250,000 private placement warrants, each exercisable to purchase one Class A Ordinary Share at $11.50 per share, at a price of $1.00 per warrant
  evidence_url: https://www.sec.gov/Archives/edgar/data/2082119/000114036126003274/0001140361-26-003274-index.htm
- claim_id: 34d76251aa0bc32bf9209848aefa6452d0fca3f3
  claim: KRAKacquisition Corp entered into Registration Rights Agreement with NCTK Sponsor LLC and other Holders (effective 2026-01-27).
  evidence_excerpt: a Registration Rights Agreement, dated January 27, 2026, between the Company, the Sponsor and the other Holders (as defined therein) signatory thereto
  evidence_url: https://www.sec.gov/Archives/edgar/data/2082119/000114036126003274/0001140361-26-003274-index.htm
- claim_id: 5510e8d1b70445488f87730dbca98f54b661bfd4
  claim: KRAKacquisition Corp entered into Warrant Agreement with Continental Stock Transfer & Trust Company (effective 2026-01-28).
  evidence_excerpt: a Warrant Agreement, dated January 28, 2026, between the Company and Continental Stock Transfer & Trust Company, as warrant agent (the “ Warrant Agreement ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/2082119/000114036126003274/0001140361-26-003274-index.htm
- claim_id: a3d0dc59ee33103bf197749938ee6a83684b508b
  claim: KRAKacquisition Corp entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2026-01-28).
  evidence_excerpt: an Investment Management Trust Agreement, dated January 28, 2026, between the Company and Continental Stock Transfer & Trust Company, as trustee
  evidence_url: https://www.sec.gov/Archives/edgar/data/2082119/000114036126003274/0001140361-26-003274-index.htm
- claim_id: deb426f78ba862735cf0497f3d95deee2d19848a
  claim: KRAKacquisition Corp entered into Underwriting Agreement with Santander US Capital Markets LLC (effective 2026-01-27).
  evidence_excerpt: Company entered into the following agreements, forms of which were previously filed as exhibits to the Registration Statement: ● an Underwriting Agreement, dated January 27, 2026, between the Company and Santander US Capital Markets LLC, which contains customary
  evidence_url: https://www.sec.gov/Archives/edgar/data/2082119/000114036126003274/0001140361-26-003274-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.