KRAKacquisition ^{Filed Terms, Nasdaq: KRAQU}

We are a blank check company incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. While we may pursue an initial business combination in any business or industry or sector, we intend to concentrate our efforts on companies in the digital asset ecosystem. Our mission is to accelerate the next phase of growth for the teams building the bridge between DeFi and TradFi. We expect to focus on companies developing the core infrastructure of the digital asset economy—payment networks, tokenization platforms, blockchain infrastructure, compliance solutions, and other essential services. While we retain flexibility to pursue opportunities in any sector, we believe the most transformative opportunities lie in the convergence of DeFi and TradFi. We believe the most attractive targets will share certain characteristics: Innovative technology with clear use cases and organic growth potential; Differentiated approach capable of disrupting incumbent financial or technology systems; Strong regulatory alignment and ability to operate within evolving policy frameworks; Exceptional leadership teams with a track record of execution, among other characteristics.