Bullboard - Stock Discussion Forum Kraken Robotics Inc V.PNG

Alternate Symbol(s): KRKNF

Kraken Robotics Inc. is a Canada-based marine technology company providing complex subsea sensors, batteries, and robotic systems. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in oceans. The Company operates through two segments: Products and Services. The Products segment is engaged in the design... see more

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Kraken Robotics Inc > Suprised That Kraken Robotics Shares Didn't Take A Beating

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Post by NLMoose on Nov 24, 2023 2:56pm

Suprised That Kraken Robotics Shares Didn't Take A Beating

After Ocean Infinity sold 21,280,000 shares and gave up its significant influence on Kraken at 50 cents a share, I'm surprised that Kraken Robotics didn't take a massive beating.

Usually, when a company sells over 10% of a company's outstanding shares, you create a massive decline in share price.

We are lucky that Kraken Robotics got spared a massive stock decline.

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Comment by SNgu8000 on Nov 24, 2023 4:15pm

DID YOU READ THIS : His areas of expertise include strategic growth, structuring of multi-stakeholder strategies (including M&A, joint ventures and partnerships), corporate governance, and organizational planning.

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Kraken Robotics Inc