Recent Updates — KITT
Nauticus Robotics entered into a Fourth Amendment to its Senior Secured Term Loan Agreement on August 12, 2026, reducing the conversion price of the convertible debt to $1.80 per share for the period ending August 13, 2026. This follows previous amendments in October 2025 ($1.76), May 2026 ($2.20), and June 2026 ($1.80). The filing does not disclose new debt issuance or equity grants beyond the potential conversion mechanics. Nauticus Robotics, Inc. operates in the robotics industry, designing and building autonomous underwater vehicles for commercial and government applications.
Nauticus Robotics, Inc. filed a Certificate of Designations for Series D Convertible Preferred Stock, implementing terms from a February 6, 2026, Securities Purchase Agreement with Master Investment Group. The Series D Preferred Stock has a $1,000 stated value per share, 10% cumulative annual dividends, and conversion rights into common stock. Nauticus Robotics, Inc. develops autonomous underwater robotics technology.
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.
Nauticus Robotics, Inc. filed an amendment to its Form 8-K to disclose the shareholder approval of an amendment to the 2022 Omnibus Incentive Plan. The amendment increases the number of available shares under the plan to 6,000,000 shares, effective May 27, 2026.