other material
confidence high
sentiment neutral
materiality 0.50
Nauticus Robotics files Certificate of Designation for Series D Convertible Preferred Stock
Nauticus Robotics, Inc.
- Filed Certificate of Designation for up to 50,000 shares of Series D Convertible Preferred Stock.
- Each share has stated value of $1,000, cumulative dividends at 10% per annum.
- Series D carries conversion rights into common stock, subject to Nasdaq approval.
- Issuance is pursuant to February 2026 Securities Purchase Agreement with Master Investment Group.
- Liquidation preferences, redemption and voting rights established.