| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 824,617 | 44,147 | ||
| Prepaid insurance - current | 69,647 | - | ||
| Total current assets | 894,264 | 44,147 | ||
| Prepaid insurance - non-current | 57,816 | - | ||
| Marketable securities held in trust account | 346,999,121 | - | ||
| Deferred offering costs | 0 | 436,015 | ||
| Total assets | 347,951,201 | 480,162 | ||
| Accrued offering costs | 20,569 | 328,386 | ||
| Promissory note - related party | - | 201,747 | ||
| Accounts payable | 6,587 | 11,366 | ||
| Accrued expenses | 11,257 | 16,038 | ||
| Due to related party | 77,370 | - | ||
| Promissory note - related party | 0 | - | ||
| Total current liabilities | 115,783 | 557,537 | ||
| Deferred underwriting fee payable | 10,350,000 | - | ||
| Advisory fee payable | 10,350,000 | - | ||
| Total liabilities | 20,815,783 | 557,537 | ||
| Class a ordinary shares subject to possible redemption, 34,500,000 shares at redemption value of 10.06 per share at march 31, 2026 | 346,999,121 | - | ||
| Common stock value-Common Class A | 0 | 0 | ||
| Common stock value-Common Class B | 863 | 863 | ||
| Additional paid-in capital | 0 | 24,137 | ||
| Accumulated deficit | -19,864,566 | -102,375 | ||
| Total shareholders' deficit | -19,863,703 | -77,375 | ||
| Total liabilities, redeemable class a ordinary shares and shareholders' deficit | 347,951,201 | 480,162 | ||
KRAKacquisition Corp (KRAQU)
KRAKacquisition Corp (KRAQU)