other material
confidence high
sentiment negative
materiality 0.15
Nauticus Robotics shareholders vote down authorized share increase to 5B; other proposals pass
Nauticus Robotics, Inc.
- Proposal to increase authorized common stock from 625M to 5B failed; 1,362,788 for, 1,755,558 abstentions, not meeting majority of outstanding.
- Stock issuance upon conversion of Series A Preferred Stock approved (1,692,753 for, 629,740 against).
- Stock issuance upon conversion of convertible debentures approved (1,698,250 for, 624,641 against).
- Adjournment proposal approved (2,770,421 for).
- Meeting held January 15, 2025; 57.39% of outstanding common stock represented.