Kraken-Backed SPAC Files for Nasdaq IPO [Yahoo! Finance]
Gemini Space Station, Inc. - Class A (GEMI)
Company Research
Source: Yahoo! Finance
The move represents another effort by the crypto exchange to grow its presence in public markets through a blank-check company targeting digital asset businesses KRAKacquisition Corp., a special purpose acquisition company backed by an affiliate of Kraken, plans to list on the Nasdaq Global Market under the ticker symbol “KRAQU.” The company is registered in the Cayman Islands and intends to raise $250 million by offering 25 million units priced at $10 each. Each unit will consist of one Class A ordinary share and a portion of a warrant that can be used to purchase additional shares at a later date. Santander, the Spanish banking group, is listed as the sole book-running manager for the offering, according to the filing. The Kraken-affiliated SPAC has not yet named a merger target. However, it said its focus will be on companies operating across the cryptocurrency ecosystem. This includes firms involved in trading, payments, infrastructure, and related services that suppo
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GEMI
News
- Kraken-backed SPAC files for $250 million initial public offering [Yahoo! Finance]Yahoo! Finance
- BitGo aims to raise $201 million in IPO targeting $1.85 billion valuation [Yahoo! Finance]Yahoo! Finance
- Gavin Newsom 'Stealing' People's Bitcoin? Gemini Exchange Co-Founder Accuses California Governor Of Feeding His 'Money Pit' Machine [Yahoo! Finance]Yahoo! Finance
- Assessing Gemini Space Station (GEMI) Valuation After Recent Three Month Share Price Weakness [Yahoo! Finance]Yahoo! Finance
- Gemini Space Station (NASDAQ:GEMI) had its price target lowered by analysts at Needham & Company LLC from $35.00 to $23.00. They now have a "buy" rating on the stock.MarketBeat
GEMI
Earnings
- 11/10/25 - Miss
GEMI
Sec Filings
- 1/14/26 - Form SEC
- 1/14/26 - Form SEC
- 1/14/26 - Form SEC
- GEMI's page on the SEC website