
KRAKacquisition Closes $345M IPO on Nasdaq
March 18, 2026
KRAKacquisition Corp, a SPAC sponsored by Natural Capital, Tribe Capital, and Kraken, closed its upsized IPO of 34.5 million units at $10 each, raising $345 million. Units began trading on Nasdaq under “KRAQU,” with Class A shares and warrants expected under “KRAQ” and “KRAQW.” The company seeks future business combinations but has not yet selected a target.