July 07, 2025

Desjardins Capital Markets leads $115 million bought deal offering for Kraken Robotics

Goodmans LLP acted for the underwriters in connection with a bought deal short form prospectus offering of 43.24 million common shares of Kraken Robotics Inc. for gross proceeds of approximately C$115 million.

Desjardins Capital Markets was the lead underwriter in this offering on behalf of Cormark Securities Inc., Scotia Capital Inc., Canaccord Genuity, National Bank Financial Inc. and Raymond James Ltd. The underwriters received a cash commission equal to 4.0% of the gross proceeds of the offering.

Kraken Robotics is a Newfoundland-based marine technology company with clients across Military and Defense, Offshore Energy and Ocean Exploration markets.

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Desjardins Capital Markets leads $115 million bought deal offering for Kraken Robotics

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Desjardins Capital Markets leads $115 million bought deal offering for Kraken Robotics

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