Kraken’s SPAC KRAKacquisition Corp Closes $345M IPO, Joins Nasdaq

TLDR KRAKacquisition Corp completed an upsized $345 million IPO, surpassing its initial target of $250 million. The company’s units began trading on Nasdaq on January 28 under the ticker KRAQU. Each unit consists of one Class A ordinary share and one-quarter of a redeemable warrant. Kraken, along with Natural Capital and Tribe Capital, sponsors the [...]

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