---
schema_version: "secwatch.filing_event.v1"
accession: "0001849820-26-000128"
form_type: "8-K"
ticker: "KITT"
cik: "0001849820"
company_name: "Nauticus Robotics, Inc."
filed_at: "2026-08-13T20:41:35+00:00"
generated_at: "2026-08-13T20:43:21.362045+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nauticus Robotics cuts loan conversion price to $1.80 for one day, from $15,552

## Summary
- Fourth Amendment to Term Loan Agreement dated Aug 12, 2026 reduces conversion price to $1.80 for period ending Aug 13, 2026.
- Prior conversion price was $15,552.00 after reverse stock splits; temporary reduction may trigger lender conversions.
- Lenders agree not to sell conversion shares exceeding 10% of average daily volume over prior 10 trading days until Aug 13.
- Amendment signed with each lender; all other loan terms remain unchanged.

## SEC filing metadata
- accession: 0001849820-26-000128
- form_type: 8-K
- ticker: KITT
- cik: 0001849820
- company_name: Nauticus Robotics, Inc.
- filed_at: 2026-08-13T20:41:35+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000128/0001849820-26-000128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000128/kitt-20260812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849820-26-000128
- JSON: https://secwatch.observer/filing/0001849820-26-000128.json
- Plain text: https://secwatch.observer/filing/0001849820-26-000128.txt

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