---
schema_version: "secwatch.filing_event.v1"
accession: "0001849820-24-000085"
form_type: "8-K"
ticker: "KITT"
cik: "0001849820"
company_name: "Nauticus Robotics, Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:15:01.155282+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nauticus Robotics borrows additional $1M under existing senior secured term loan

## Summary
- Incremental loan of $1,000,000 from lender ATW Special Situation III LLC under existing Term Loan Agreement.
- Loan carries same terms as the ATW Extended Maturity Term Loan and matures on the 30th anniversary of the Jan 30, 2024 agreement.
- Commitment schedule shows ATW III holds 50% of Extended Maturity Term Loan commitment ($1M) and ATW I holds the other 50% ($1M).
- Company must pay a Minimum Return Fee on the incremental loan, due at maturity or full repayment of obligations.

## SEC filing metadata
- accession: 0001849820-24-000085
- form_type: 8-K
- ticker: KITT
- cik: 0001849820
- company_name: Nauticus Robotics, Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849820/000184982024000085/0001849820-24-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849820/000184982024000085/kitt-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849820-24-000085
- JSON: https://secwatch.observer/filing/0001849820-24-000085.json
- Plain text: https://secwatch.observer/filing/0001849820-24-000085.txt

## Key facts
- Debt Financings
  Nauticus Robotics, Inc. incurred term loan of $1,000,000 with ATW Special Situation III LLC maturing 30th anniversary of the date of the Term Loan Agreement.
  - Instrument: term loan
  - Principal: $1,000,000
  - Counterparty: ATW Special Situation III LLC
  - Maturity: 30th anniversary of the date of the Term Loan Agreement
  - Event: incurrence
  source text: ATW Special Situation III LLC, one of the lenders under the Term Loan Agreement, will loan an additional $1,000,000 (the "Incremental Loan") to the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000184982024000085/0001849820-24-000085-index.htm

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