secwatch.observer — SEC 8-K summary
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Issuer:     Nauticus Robotics, Inc. (KITT)
CIK:        0001849820
Form:       8-K
Filed at:   2026-09-18T13:06:16+00:00
Accession:  0001849820-26-000135
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nauticus extends term loan maturity to Jan 31, 2028; waives prior maturity defaults
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- Fifth Amendment dated Sept 14, 2026 effective Sept 17, 2026 extends Maturity Date to Jan 31, 2028.
- Lenders waive any Default/Event of Default arising solely from earlier maturity triggers before effective date.
- No extension or exit fee now; Exit Fees remain due at maturity or when all obligations are paid in full.
- Collateral agent ATW Special Situations Management LLC consented; all liens and security interests reaffirmed.
- Amendments follow repeated conversion-price reductions (e.g., $1.80 in Aug 2026) under existing loan terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849820/000184982026000135/0001849820-26-000135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849820/000184982026000135/kitt-20260915.htm
  HTML page:      https://secwatch.observer/filing/0001849820-26-000135

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer