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loss of $8.91 million for the three months ended March 31, 2026, as interest income of $2.05 million was outweighed by general and administrative expenses of $10.97 million.Net cash used in operating activities was $669,888, reflecting a $10.35 million advisory payable recorded as of Jan. 29, 2026.Cash used in investing activities totaled $344.95 million, driven by a $345 million deposit into the trust account following the Jan. 29 IPO.Net cash provided by financing activities was $346.4 million, led by $345 million of gross proceeds from the IPO and $2.25 million from the private placement warrants.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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KRAKacquisition Corp. published the original content used to ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260515:nNDL3ckQNn:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["KRAQ"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2623324447","title":"KRAKacquisition posts FY25 net loss of $0.1 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2623324447","media":"Reuters","labels":["dataReport","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2623324447?lang=en_us&edition=fundamental","pubTime":"2026-03-31 05:49","pubTimestamp":1774907369,"startTime":"0","endTime":"0","summary":"KRAKacquisition posted a net loss of $102,375 for the fiscal year ended Dec. 31, 2025.Results included no revenue, reflecting the SPAC’s pre-business-combination stage.General and administrative costs were the primary driver of the loss.Subsequent to year-end, it completed a $345 million IPO and sold $2.25 million of private placement warrants.Management expects no revenue until completion of an initial business combination, with non-operating income anticipated from interest on trust investments.Disclaimer: This news brief was created by Public Technologies  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. 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