---
schema_version: "secwatch.filing_event.v1"
accession: "0001849820-24-000292"
form_type: "8-K"
ticker: "KITT"
cik: "0001849820"
company_name: "Nauticus Robotics, Inc."
filed_at: "2024-12-27T23:59:59+00:00"
generated_at: "2026-05-28T23:07:16.806139+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nauticus Robotics exchanges remaining debentures into Series A Preferred; $1,000 stated value, $1.23 conversion price

## Summary
- Filed Certificate of Designation for 40,000 shares of Series A Convertible Preferred Stock with $1,000 stated value per share.
- Series A Preferred carries 5% dividend on an as-if-converted basis, no voting rights.
- Holders may convert at fixed price $1.23 per share or an alternate conversion price upon triggering events.
- Company may redeem all outstanding Series A Preferred at a 25% premium to the greater of conversion amount or underlying equity value.
- Exchange executed under Section 3(a)(9) exemption; reduces debt from existing convertible debentures.

## SEC filing metadata
- accession: 0001849820-24-000292
- form_type: 8-K
- ticker: KITT
- cik: 0001849820
- company_name: Nauticus Robotics, Inc.
- filed_at: 2024-12-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.03, 1.02, 3.02, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849820/000184982024000292/0001849820-24-000292-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849820/000184982024000292/kitt-20241227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849820-24-000292
- JSON: https://secwatch.observer/filing/0001849820-24-000292.json
- Plain text: https://secwatch.observer/filing/0001849820-24-000292.txt

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