[Kraken Submits Draft IPO Registration Statement to U.S. SEC] Kraken announced that it has submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission, intending to issue common stock. The number of shares to be issued and the price range have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process, with the specific timing depending on market conditions and other factors.