---
schema_version: "secwatch.filing_event.v1"
accession: "0001849820-26-000101"
form_type: "8-K"
ticker: "KITT"
cik: "0001849820"
company_name: "Nauticus Robotics, Inc."
filed_at: "2026-06-30T12:15:39+00:00"
generated_at: "2026-06-30T12:20:06.948873+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nauticus Robotics converts $4.0M debt into Series C Preferred Stock to boost equity

## Summary
- Converted $4.0M of outstanding debt and accrued interest into 4,800 shares of Series C Convertible Preferred Stock.
- Transaction eliminates $4.0M of debt from balance sheet and increases stockholders' equity.
- Expected to support continued compliance with Nasdaq's stockholders' equity requirements.
- Exchange with existing institutional lender under Section 3(a)(9) exemption; no commissions paid.
- Holder may require additional exchanges of remaining Term Loan indebtedness for Series C Preferred Stock.

## SEC filing metadata
- accession: 0001849820-26-000101
- form_type: 8-K
- ticker: KITT
- cik: 0001849820
- company_name: Nauticus Robotics, Inc.
- filed_at: 2026-06-30T12:15:39+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000101/0001849820-26-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000101/kitt-20260626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849820-26-000101
- JSON: https://secwatch.observer/filing/0001849820-26-000101.json
- Plain text: https://secwatch.observer/filing/0001849820-26-000101.txt

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