Kraken Robotics Inc. Files Final Short Form Prospectus in connection with its Bought Deal Public Offering

Core Viewpoint - Kraken Robotics Inc. has filed a final short form prospectus for a bought deal public offering of common shares at a price of $2.66 per share, aiming for gross proceeds of $100,016,000 [1][2]. Group 1: Offering Details - The offering will be conducted in all provinces of Canada except Quebec and may also be offered in the United States on a private placement basis [1]. - The underwriters, led by Desjardins Capital Markets, have an option to purchase an additional 15% of the common shares for market stabilization purposes [1]. - The expected closing date for the offering is around July 7, 2025, with conditional approval from the TSX Venture Exchange [2]. Group 2: Company Overview - Kraken Robotics Inc. is a marine technology company specializing in subsea sensors, batteries, and robotic systems, providing high-resolution 3D acoustic imaging solutions [5]. - The company is headquartered in Canada and has a presence in North and South America as well as Europe, recognized as a Top 100 marine technology company by Marine Technology Reporter [5].