Kraken Robotics Inc. (PNG.V)
- The Motley Fool
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- CNW Group
Kraken Robotics Inc. Announces Upsize of Previously Announced Bought Deal Public Offering to $45 Million
Kraken Robotics Inc. ("Kraken" or the "Company") (TSXV: PNG) (OTCQB: KRKNF) is pleased to announce that it has amended its agreement with Cormark Securities Inc. to increase the size of its previously announced $25 million "bought deal" public offering to $45 million. Pursuant to the upsized deal terms, Cormark Securities Inc., as lead underwriter, together with a syndicate of investment dealers (the "Underwriters") has agreed to purchase 28,125,000 common shares (the "Common Shares") from the t
- CNW Group
Kraken Robotics Inc. Announces $25 Million Bought Deal Public Offering
Kraken Robotics Inc. ("Kraken" or the "Company") (TSXV: PNG) (OTCQB: KRKNF) announces that it has entered into an agreement with a syndicate of investment dealers led by Cormark Securities Inc. (the "Underwriters") pursuant to which the Underwriters have agreed to purchase 15,625,000 common shares (the "Common Shares") from the treasury of the Company, at a price of $1.60 per Common Share (the "Offering Price") and offer them to the public by way of short form prospectus for total gross proceeds
