What does ordinary shares subject to forfeiture mean?

Represents shares of common stock that may be reclaimed or cancelled by the company if specific performance or time-based conditions are not met. This mechanism is often used to align the interests of management or sponsors with the successful completion of a business combination. It serves as a risk-mitigation tool for shareholders.

KRAKacquisition KRAQ Ordinary Shares Subject To Forfeiture

Ordinary Shares Subject To Forfeiture at other companies

ConstelliumCSTM

211K—

Henry ScheinHSIC

$85.51—

RBC BearingsRBC

$268.70+41.7%

Corvex MOVE

$6.47—

American International GroupAIG

$66.84+6.4%

CSXCSX

$34.38+40.4%

Other financials

Income statement

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Operating income-$11.0M—

Net income-$8.9M—

EPS (diluted)-$0.01—

Balance sheet

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Cash & equivalents$824.6K—

Total debt$77.4K—

Total equity-$19.9M—

Total assets$348.0M—

Cash flow

See full

Operating cash flow-$669.9K—

Valuation

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Market cap$430.77M+0.9%

Enterprise value$430.02M—

Returns & leverage

See full

Debt / equity-0×—

Current ratio7.7×—

Where this comes from

Reported directly by KRAKacquisition in its filing.

Tagged under the XBRL concept kraqu:OrdinarySharesSubjectToForfeiture.

The official record: KRAKacquisition ’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KRAKacquisition 's ordinary shares subject to forfeiture?: KRAKacquisition (KRAQ) reported ordinary shares subject to forfeiture of 1.1M in Q1 2026.
What does ordinary shares subject to forfeiture mean?: Represents shares of common stock that may be reclaimed or cancelled by the company if specific performance or time-based conditions are not met. This mechanism is often used to align the interests of management or sponsors with the successful completion of a business combination. It serves as a risk-mitigation tool for shareholders.