secwatch.observer — SEC 8-K summary
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Issuer:     Nauticus Robotics, Inc. (KITT)
CIK:        0001849820
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001849820-25-000301
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Nauticus Robotics details equity actions to regain Nasdaq compliance; hearing pending
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- Hearing held Dec 4, 2025; no decision yet from Nasdaq Hearings Panel.
- Raised $7.1M gross ($6.9M net) from ATM stock sales under expanded shelf up to $92M.
- Converted $3.7M of Sept 2023 term loan debt to equity; conversion price reduced to $1.76.
- Exchanged existing convertible securities for 3,814 Series C preferred shares, increasing equity by $3.8M.
- Converted $1.15M of Nov 2024 debentures; company now believes equity exceeds $2.5M minimum for listing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849820/000184982025000301/0001849820-25-000301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849820/000184982025000301/kitt-20251208.htm
  HTML page:      https://secwatch.observer/filing/0001849820-25-000301

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