• Kraken Robotics Inc. is trading 11% up at $4.76 after receiving all regulatory and stock exchange approvals for its acquisition of Covelya Group Limited.
  • This "highly strategic and transformative acquisition" is expected to close on July 2, 2026, and is a significant catalyst for the stock's sharp single-session jump.
  • The move also aligns with broader market interest in the defense and undersea technology sectors.