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KRAKacquisition Q2 FY26 net income rises to $2.85 million; six-month net loss widens to $6.06 million

PUBT·08/13/2026 10:03:54
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KRAKacquisition Q2 FY26 net income rises to $2.85 million; six-month net loss widens to $6.06 million
  • KRAKacquisition posted net income of USD 2.85 million for the three months ended June 30, 2026.
  • Interest earned on marketable securities totaled USD 3.08 million, while general and administrative expenses were USD 231,989.
  • For the six months ended June 30, 2026, it turned to a net loss of USD 6.06 million.
  • General and administrative expenses climbed to USD 11.2 million, partly offset by USD 5.13 million of interest income.
  • Net cash used in operating activities was USD 882,361, while USD 345 million was deposited into the trust account following the IPO.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KRAKacquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-032553), on August 13, 2026, and is solely responsible for the information contained therein.