Looks Like Kraken Robotics Is Back To Private Placements With Kraken Robotics announcing a $25 million bought share deal with an investment company, looks like they are back to the good old day of private placements without realizing the negative consequences on its investors.
In the past, each time Kraken Robotics did private placements or bought stock deals, share prices went down significantly.
Let's hope that this deal will not result in Kraken Robotics shares falling 20 cents per share tomorrow.