Nauticus Robotics raises $2.94M via Series B Preferred; conversion price $0.9181

Nauticus Robotics, Inc.

Issued 3,000 shares of Series B Convertible Preferred Stock at $1,000 stated value, raising $2,940,000 in initial closing.
Series B Preferred pays 10% annual dividend on an as-converted basis; holders have no voting rights.
Conversion price fixed at $0.9181 per share, subject to adjustments; Alternate Conversion Price available.
Company may redeem all outstanding shares at 25% premium to greater of conversion amount or equity value.
This amendment corrects XBRL tagging errors in prior 8-K; no other changes to the original filing.

item 9.01 item 1.01 item 5.03 item 3.02 item 3.03

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 0.9

Nauticus Robotics, Inc.: Filed Certificate of Designation for Series B Convertible Preferred Stock, establishing rights and preferences including conversion price, dividend, redemption terms, and no voting rights (effective 2025-08-07).

Change: charter amendment
Effective: 2025-08-07

Exact text from the filing

On August 7, 2025, the Company filed with the Secretary of State of the State of Delaware the Certificate of Designations of Rights and Preferences of the Series B Convertible Preferred Stock of the Company attached hereto as Exhibit 3.1 (the “Series B Certificate of Designation”) and designated 50,000 shares of Series B Preferred Stock.

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Nauticus Robotics, Inc. filing history →

Source: SEC EDGAR

accession 0001849820-25-000209

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