The IPO Buzz: KRAKacquisition (KRAQU) & Space Asset Acquisition (SAAQU) Raise $500 Million
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KRAKacquisition Corp. (KRAQU) and Space Asset Acquisition Corp. (SAAQU) have successfully priced their SPAC IPOs, raising a total of $500 million. KRAQU upsized its offering to 30 million units at $10.00 each, raising $300 million, while SAAQU priced 20 million units at $10.00 each, raising $200 million. Both SPACs will begin trading on NASDAQ on January 28, 2026. KRAQU focuses on the digital economy and DeFi, while SAAQU targets the global space economy.
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