| Balance Sheets | 2026-06-30 | 2026-03-31 | 2025-12-31 | |
|---|---|---|---|---|
| Cash and cash equivalents | 746,553 | 824,617 | 44,147 | |
| Prepaid insurance - current | 69,647 | 69,647 | - | |
| Total current assets | 816,200 | 894,264 | 44,147 | |
| Prepaid insurance - non-current | 40,405 | 57,816 | - | |
| Marketable securities held in trust account | 349,914,828 | 346,999,121 | - | |
| Deferred offering costs | 0 | 0 | 436,015 | |
| Total assets | 350,771,433 | 347,951,201 | 480,162 | |
| Accrued offering costs | 0 | 20,569 | 328,386 | |
| Promissory note - related party | - | - | 201,747 | |
| Accounts payable | 5,260 | 6,587 | 11,366 | |
| Accrued expenses | 0 | 11,257 | 16,038 | |
| Due to related party | 84,835 | 77,370 | - | |
| Promissory note - related party | 0 | 0 | - | |
| Total current liabilities | 90,095 | 115,783 | 557,537 | |
| Deferred underwriting fee payable | 10,350,000 | 10,350,000 | - | |
| Advisory fee payable | 10,350,000 | 10,350,000 | - | |
| Total liabilities | 20,790,095 | 20,815,783 | 557,537 | |
| Class a ordinary shares subject to possible redemption, 34,500,000 shares at redemption value of 10.14 per share at june 30, 2026 | 349,914,828 | 346,999,121 | - | |
| Common stock value-Common Class A | 0 | 0 | 0 | |
| Common stock value-Common Class B | 863 | 863 | 863 | |
| Additional paid-in capital | 0 | 0 | 24,137 | |
| Accumulated deficit | -19,934,353 | -19,864,566 | -102,375 | |
| Total shareholders deficit | -19,933,490 | -19,863,703 | -77,375 | |
| Total liabilities, redeemable class a ordinary shares and shareholders deficit | 350,771,433 | 347,951,201 | 480,162 | |
KRAKacquisition Corp (KRAQW)
KRAKacquisition Corp (KRAQW)