Kraken Robotics Completes $20 Million Bought Deal Equity Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
TORONTO, May 21, 2024 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSXV: PNG) is pleased to announce today that it has closed its previously announced “bought deal” short form prospectus offering (the “Offering”) of common shares of the Company (“Common Shares”). A total of 21,185,300 Common Shares were sold at a price of $0.95 per Common Share for gross proceeds of $20,126,035, inclusive of the full exercise of the over-allotment option by the Underwriters (as defined below).
Related news for (KRKNF)
- Kraken Robotics Inc. Announces $100 Million Bought Deal Public Offering of Common Shares
- Kraken Robotics Appoints Defense Industry Veteran and Former RTX and Boeing Executive Kristin Robertson to Board of Directors
- Kraken Robotics Reports Q1 2025 Financial Results and Reiterates 2025 Guidance
- Kraken Robotics Announces More than $3 Million in Synthetic Aperture Sonar Sales
- Kraken Robotics Subsidiary 3D At Depth Completes 1,000th Subsea Metrology