---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-003733"
form_type: "8-K"
ticker: "KRAQ"
cik: "0002082119"
company_name: "KRAKacquisition Corp"
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T05:06:15.686873+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KRAKacquisition Corp closes $345M IPO and $2.25M private placement on Jan 29, 2026

## Summary
- Issued 34.5M units at $10.00/unit for gross proceeds of $345M; over-allotment exercised in full.
- Sponsor NCTK Sponsor LLC purchased 2.25M private placement warrants at $1.00 each, raising $2.25M.
- $345M net proceeds deposited in trust account; cash outside trust $1.78M for working capital.
- Audited balance sheet shows total assets $346.78M, shareholders' deficit ($19.38M) due to offering costs.
- Must complete an initial business combination by Jan 29, 2028 (24 months from IPO close).

## SEC filing metadata
- accession: 0001140361-26-003733
- form_type: 8-K
- ticker: KRAQ
- cik: 0002082119
- company_name: KRAKacquisition Corp
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2082119/000114036126003733/0001140361-26-003733-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2082119/000114036126003733/ny20054630x12_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-003733
- JSON: https://secwatch.observer/filing/0001140361-26-003733.json
- Plain text: https://secwatch.observer/filing/0001140361-26-003733.txt

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