Kraken Robotics Raising About $100M

St. John’s-based Kraken Robotics, which specializes in next-generation sonar systems and unmanned platforms to carry them, is in the process of raising about $100 million by selling shares on the TSX Venture Exchange.
The company issued a statement on Tuesday saying Desjardins Capital Markets is leading a syndicate of underwriters for the deal. They will buy 37.6 million shares at $2.66 each,