secwatch.observer — SEC 8-K summary
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Issuer:     Nauticus Robotics, Inc. (KITT)
CIK:        0001849820
Form:       8-K
Filed at:   2026-03-30T23:59:59+00:00
Accession:  0001849820-26-000034
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Nauticus Robotics issues 2,023 Series C Preferred shares in exchange for $2M debenture
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- On March 27, 2026, Nauticus exchanged $2M principal debenture into 2,023 Series C Preferred shares.
- Exchange was pursuant to Amendment and Exchange Agreements previously disclosed on Dec 3, 2025.
- The debenture was originally issued to an institutional investor on Feb 9, 2026.
- Exchange relied on Section 3(a)(9) exemption under the Securities Act.
- Transaction reduces outstanding debt by $2M and adds preferred equity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849820/000184982026000034/0001849820-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849820/000184982026000034/kitt-20260327.htm
  HTML page:      https://secwatch.observer/filing/0001849820-26-000034

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