---
schema_version: "secwatch.filing_event.v1"
accession: "0001849820-26-000168"
form_type: "8-K"
ticker: "KITT"
cik: "0001849820"
company_name: "Nauticus Robotics, Inc."
filed_at: "2026-10-01T23:11:05+00:00"
generated_at: "2026-10-12T14:29:49.757905+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nauticus Robotics cuts term loan conversion price to $1.488 through Oct 2; lender sales capped at 10% of volume

## Summary
- Sixth Amendment to the Sept 18, 2023 Senior Secured Term Loan reduces the Conversion Price from $93,312.00 to $1.488 for the period Sept 30 to Oct 2, 2026.
- Lender agrees not to sell Conversion Shares on any Trading Day in excess of 10% of the 10-trading-day average daily volume, through Oct 2, 2026.
- Fifth Amendments dated Sept 14, 2026, entered between Sept 15-17, 2026, extended the Term Loan Maturity Date to January 31, 2028.
- Prior temporary conversion price cuts: $1.76 (Oct 2025), $2.20 (May 2026), $1.80 (June 2026) and $1.80 (Aug 2026).
- Conversion price is adjusted for reverse stock splits effective July 18, 2024, Sept 5, 2025, April 21, 2026 and Sept 25, 2026; all liens reaffirmed.

## SEC filing metadata
- accession: 0001849820-26-000168
- form_type: 8-K
- ticker: KITT
- cik: 0001849820
- company_name: Nauticus Robotics, Inc.
- filed_at: 2026-10-01T23:11:05+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/1849820/000184982026000168/0001849820-26-000168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849820/000184982026000168/kitt-20260930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849820-26-000168
- JSON: https://secwatch.observer/filing/0001849820-26-000168.json
- Plain text: https://secwatch.observer/filing/0001849820-26-000168.txt

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