---
schema_version: "secwatch.filing_event.v1"
accession: "0001849820-26-000081"
form_type: "8-K"
ticker: "KITT"
cik: "0001849820"
company_name: "Nauticus Robotics, Inc."
filed_at: "2026-05-13T12:15:31+00:00"
generated_at: "2026-05-13T12:23:10.113825+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nauticus Robotics hires Brian Allen as CRO; also amends debt terms and issues convertible note

## Summary
- Brian Allen appointed Chief Revenue Officer, effective May 13, 2026; formerly CEO of Beam with $90M sales pipeline.
- Allen brings over 15 years subsea robotics experience; will lead EMEA commercial strategy and tech licensing.
- Term Loan conversion price reduced to $2.20 for period ending May 21, 2026.
- Issued $1.56M convertible debenture due 2026, convertible at $7.60 per share.

## SEC filing metadata
- accession: 0001849820-26-000081
- form_type: 8-K
- ticker: KITT
- cik: 0001849820
- company_name: Nauticus Robotics, Inc.
- filed_at: 2026-05-13T12:15:31+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000081/0001849820-26-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000081/kitt-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849820-26-000081
- JSON: https://secwatch.observer/filing/0001849820-26-000081.json
- Plain text: https://secwatch.observer/filing/0001849820-26-000081.txt

## Key facts
- Debt Financings
  Nauticus Robotics, Inc. incurred convertible notes of $1,556,122.00 with institutional investor at original issue discount senior secured convertible debenture maturing September 9, 2026.
  - Instrument: convertible notes
  - Principal: $1,556,122.00
  - Counterparty: institutional investor
  - Rate: original issue discount senior secured convertible debenture
  - Maturity: September 9, 2026
  - Event: incurrence
  source text: On May 12, 2026, the Company issued an Original Issue Discount Senior Secured Convertible Debenture Due 2026, in the aggregate principal amount of $1,556,122.00 (the "Additional Note"), to an institutional investor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000081/0001849820-26-000081-index.htm
- Debt Financings
  Nauticus Robotics, Inc. amended term loan of Not restated; no new principal amount disclosed with Lenders party to the Term Loan Agreement, ATW Special Situations Management LLC at Not restated; no change disclosed maturing Not restated; no change disclosed.
  - Instrument: term loan
  - Principal: Not restated; no new principal amount disclosed
  - Counterparty: Lenders party to the Term Loan Agreement, ATW Special Situations Management LLC
  - Rate: Not restated; no change disclosed
  - Maturity: Not restated; no change disclosed
  - Event: amendment
  source text: On May 11, 2026, the Company entered into a Second Amendment to the Term Loan Agreement (the "Second Amendment") with each Lender, pursuant to which the conversion price was reduced to $2.20 for the period ending on May 21, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000081/0001849820-26-000081-index.htm
- Material Agreements
  Nauticus Robotics, Inc. amended Amendment No. 2 to the Asset Purchase Agreement with SeaTrepid International, L.L.C., SeaTrepid Deepsea LLC, Remote Inspection Technologies, L.L.C. and certain individual selling persons (effective 2026-05-11).
  - Action: amendment
  - Agreement: asset purchase
  - Counterparty: SeaTrepid International, L.L.C., SeaTrepid Deepsea LLC, Remote Inspection Technologies, L.L.C. and certain individual selling persons
  - Effective: 2026-05-11
  source text: On May 11, 2026, the Company entered into an Amendment No. 2 to the Asset Purchase Agreement (the “Amendment No. 2”) with the Sellers, pursuant to which the Company and the Sellers amended certain payment terms of the Purchase Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000081/0001849820-26-000081-index.htm
- Material Agreements
  Nauticus Robotics, Inc. amended Second Amendment to the Term Loan Agreement with each Lender (effective 2026-05-11).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: each Lender
  - Effective: 2026-05-11
  source text: On May 11, 2026, the Company entered into a Second Amendment to the Term Loan Agreement (the “Second Amendment”) with each Lender, pursuant to which the conversion price was reduced to $2.20 for the period ending on May 21, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000081/0001849820-26-000081-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.