secwatch.observer — SEC 8-K summary
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Issuer:     Nauticus Robotics, Inc. (KITT)
CIK:        0001849820
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001849820-25-000194
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.03, 3.02, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nauticus Robotics issues 3,000 Series B Preferred shares for $2.94M private placement
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- Issued 3,000 shares of Series B Convertible Preferred at $980/share for total $2,940,000.
- Series B has $1,000 stated value, 10% annual dividends on as-converted basis, no voting rights.
- Conversion price fixed at $0.9181 per common share, subject to standard adjustments.
- Company can redeem all shares at 25% premium to greater of conversion amount or equity value.
- Designated 50,000 shares of Series B Preferred; offering exempt from registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849820/000184982025000194/0001849820-25-000194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849820/000184982025000194/kitt-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001849820-25-000194

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer