debt
confidence high
sentiment neutral
materiality 0.50
Nauticus Robotics issues $1.5M convertible debenture due Sept 2026
Nauticus Robotics, Inc.
- Issued $1.5M principal amount senior secured convertible debenture to institutional investor.
- Convertible into 197,369 shares at $7.60 per share; matures Sept 9, 2026.
- Issued under existing Nov 2024 securities purchase agreement; same terms as prior notes.
- Unregistered offering exempt under Section 4(a)(2) and Rule 506.