Financing ·
Nauticus Robotics exchanges $4.0 million secured convertible term loans for 4,800 shares of Series C Preferred Stock valued at $4.8 million
KITTNauticus Robotics, Inc.
Nauticus Robotics, Inc. entered into an Exchange Agreement on June 26, 2026, to exchange approximately $4.0 million of outstanding secured convertible term loans into 4,800 shares of Series C Convertible Preferred Stock with an aggregate stated value of approximately $4.8 million. The exchange was closed and the issuance of 4,800 shares of Series C Preferred Stock was completed. Nauticus Robotics, Inc. operates in the maritime robotics technology industry and develops autonomous underwater vehicles and systems.