---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-067988"
form_type: "8-K"
ticker: "KITT"
cik: "0001849820"
company_name: "Nauticus Robotics, Inc."
filed_at: "2023-08-16T23:59:59+00:00"
generated_at: "2026-06-11T08:45:34.878347+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nauticus Robotics restates Q3 2022 and Q1 2023 financials; prior filings no longer reliable

## Summary
- Q3 2022 restated: warrants reclassified from equity to derivative liabilities at fair value; no impact on liquidity or cash flows.
- Q1 2023 restated: untimely recognition of accrued liability from complex investor agreement corrected; no impact on revenues or costs.
- Audit Committee and auditor Whitley Penn concluded both sets of financials should no longer be relied upon.
- Both restatements had zero effect on liquidity, cash flows, revenues, or cost of operations for the affected periods.

## SEC filing metadata
- accession: 0001213900-23-067988
- form_type: 8-K
- ticker: KITT
- cik: 0001849820
- company_name: Nauticus Robotics, Inc.
- filed_at: 2023-08-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849820/000121390023067988/0001213900-23-067988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849820/000121390023067988/ea183556-8k_nauticus.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-067988
- JSON: https://secwatch.observer/filing/0001213900-23-067988.json
- Plain text: https://secwatch.observer/filing/0001213900-23-067988.txt

## Key facts
- Auditor Changes
  Nauticus Robotics, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Whitley Penn LLP
  source text: the Company’s management and the Audit Committee concluded on August 10, 2023 that the Affected Q1 2023 Financial Statements should no longer be relied upon
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000121390023067988/0001213900-23-067988-index.htm
- Auditor Changes
  Nauticus Robotics, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Whitley Penn LLP
  source text: the Company’s management and the Audit Committee concluded on March 8, 2023 that the Affected Q3 2022 Financial Statements should no longer be relied upon
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000121390023067988/0001213900-23-067988-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.