Nauticus Robotics raises $2.94M in Series B preferred offering; up to $7.84M total

Nauticus Robotics, Inc.

Initial closing sold 3,000 shares of Series B Preferred at $980/share for $2.94M to an institutional investor.
Investor may purchase up to 5,000 additional shares ($4.9M) over 72 months at $980/share.
Conversion price fixed at $0.9181 per share; floor price $0.1836, with automatic price adjustments.
Series B pays 10% annual dividend on as-converted basis, payable in common shares when dividends paid on common.
Preferred ranks senior to common and Series A; no voting rights except as required by law.

item 1.01 item 3.02 item 3.03 item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.4

Nauticus Robotics, Inc. reported a fiscal year change.

Change: fiscal year change

Exact text from the filing

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. The information set forth in Item 1.01 related to the Certificate of Designation and Exhibit 3.1 are incorporated by reference herein.

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Nauticus Robotics, Inc. filing history →

Source: SEC EDGAR

accession 0001849820-25-000191

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