Special purpose acquisition company (SPAC) KRAKacquisition Corp, backed by cryptocurrency exchange Kraken, Tribe Capital, and Natural Capital, has filed with the U.S. Securities and Exchange Commission (SEC) to raise $250 million through an initial public offering (IPO). The company plans to issue 25 million units at a price of $10 per unit and intends to list on the Nasdaq Global Market under the ticker symbol 'KRAQU.' KRAKacquisition is a blank check company aiming to merge with one or more businesses, though no specific merger target has been selected yet. (TheBlock) http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=54992