secwatch.observer — SEC 8-K summary
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Issuer:     Nauticus Robotics, Inc. (KITT)
CIK:        0001849820
Form:       8-K/A
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001849820-25-000209
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01, 1.01, 5.03, 3.02, 3.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849820/000184982025000209/0001849820-25-000209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849820/000184982025000209/kitt-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001849820-25-000209

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