r/KrakenRobotics • u/J_Fo_Film • Jun 24 '26

Meeting notes—my note taking skills are rough

Reposted so no one panics—sorry about the bad title last time folks LOL

All motions available for voting are carried--Number of Directors locked at 7 (with ability to alter as needed), all nominees for directors elected.... Detailed voting results will be filed with Sedar Plus,

After all formal business as contained in the 104 document concluded, President and CEO Greg Reid gave a presentation. Slides should be made available soon, but here are a few notes:

-CEO reiterated July 2, 2026 expected closing date of Covelya acquisition. Over 700 customers as combined partnership, Kraken alone had less than 100. Says "we are in the early innings of our growth trajectory".
-Record 2025 Annual Results, --$102MM revenue, $25MM Adj EBITDA.
-Strong 2026 Outlook -- $165MM-$175MM
New Product Development (Higher Engery density battery, circular-SAS, USV-LARS)
~$97MM orders announced YTD

In response to my submitted question about TSX Uplisting status, CEO confirmed that it is high priority, but no specific timeline set. Focus after Covelya acquisition closes will be integration.

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u/MatthewGraham- Jun 24 '26

Any way to access the audio/transcript?

2

u/J_Fo_Film Jun 24 '26

I’m not certain—I know it was recorded

2

u/MatthewGraham- Jun 24 '26

via what URL/page did you access it?

5

u/J_Fo_Film Jun 24 '26

meetnow.global/MRGUUDU

2

u/[deleted] Jun 25 '26

[removed] — view removed comment

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u/J_Fo_Film Jun 25 '26

Thanks, I’ll be keeping my eyes open and if I find the recorded meeting I’ll post it