Nicholas J. Bigney
On July 29, 2024, Nicholas J. Bigney, General Counsel of Nauticus Robotics, Inc., ("Nauticus") informed the Nauticus of his intention to resign from his position to accept a position with a different company.
Highest-materiality recent filing
Nauticus Robotics amends term loan; conversion price cut to $1.80 through June 15
Third Amendment to Senior Secured Term Loan Agreement reduces conversion price to $1.80/share.
Nauticus Robotics hires Brian Allen as CRO; also amends debt terms and issues convertible note
Brian Allen appointed Chief Revenue Officer, effective May 13, 2026; formerly CEO of Beam with $90M sales pipeline.
Nauticus Robotics maintains Nasdaq compliance; subject to equity monitor through Dec 2026
Nasdaq confirmed on April 27, 2026 that Nauticus met all continued listing requirements through April 14, 2026.
Nauticus Robotics to effect 1-for-8 reverse stock split effective April 21, 2026
Reverse split at 1:8 ratio; stock begins trading on split-adjusted basis on Nasdaq on April 21, 2026.
Nauticus Robotics completes $16M acquisition of SeaTrepid robotic assets
Total consideration $16M: $8M cash ($4M at close, $4M by Sep 30, 2025) + $5.5M earn-out shares + $2.5M assumed liabilities.
Nauticus Robotics announces up to $50M strategic investment from Master Investment Group for UAE hub
Up to $50M strategic investment from Master Investment Group to establish UAE manufacturing and offshore robotics hub.
Approved reverse stock split at ratio between 1:5 and 1:250 with 8.39M votes for.
Nasdaq confirmed compliance with Equity Rule 5550(b)(1) on Dec 19, 2025; continued listing granted.
Nauticus Robotics CTO John Yamokoski resigns, effective Jan 2, 2026
Chief Technical Officer John D. Yamokoski notified company of resignation on Dec 16, 2025.
Nauticus Robotics issues 3,814 Series C preferred shares in exchange for existing convertible debt
On Dec 3, 2025, Nauticus exchanged portions of secured convertible term loans and senior secured debentures due 2026 for 3,814 Series C preferred shares.
Nauticus Robotics details equity actions to regain Nasdaq compliance; hearing pending
Hearing held Dec 4, 2025; no decision yet from Nasdaq Hearings Panel.
Nauticus Robotics exchanges debt for Series C Preferred with conversion at $0.95, floor $0.19
Exchanges up to 3,814 shares of Series C Preferred Stock for existing convertible debt and debentures.
Entered $250M equity purchase facility; shares sold at market prices over 24 months, subject to 19.99% exchange cap without stockholder approval.
Nauticus Robotics receives Nasdaq delisting notice for market value deficiency
Received deficiency letter on Oct 16, 2025: market value of listed securities below $35M for 30 consecutive days.
Nauticus Robotics raises $2.94M via Series B Preferred; conversion price $0.9181
Issued 3,000 shares of Series B Convertible Preferred Stock at $1,000 stated value, raising $2,940,000 in initial closing.
Nauticus Robotics issues 3,000 Series B Preferred shares for $2.94M private placement
Issued 3,000 shares of Series B Convertible Preferred at $980/share for total $2,940,000.
Nauticus Robotics raises $2.94M in Series B preferred offering; up to $7.84M total
Initial closing sold 3,000 shares of Series B Preferred at $980/share for $2.94M to an institutional investor.
Nauticus Robotics names Jimena Begaries interim CFO effective July 25, 2025
Victoria Hay departed as Interim CFO on July 25, 2025; will continue services via Flexible Consulting LLC.
Nauticus Robotics Q1 revenue $0.2M, net loss $7.6M; completes SeaTrepid acquisition
Revenue $0.2M vs $0.5M YoY; net loss $7.6M (EPS -$0.28) vs $72.8M in Q1 2024.
Nauticus Robotics Q4 net loss $84.5M ($21.59/share); revenue $0.5M, down 55% YoY
Full-year 2024 revenue $1.8M vs $6.6M in 2023; adjusted net loss $26.1M vs $34.3M prior year.
Base salary raised from $250k to $350k per year effective March 29, 2025.
Nauticus Robotics closes $16M acquisition of SeaTrepid International assets
Total consideration of $16M: $8M cash ($4M at close, $4M by Sept 30, 2025), $5.5M earn-out shares, plus $2.5M liability assumption.
Nauticus Robotics restates Q1-Q3 2024 financials due to debt accounting error
Audit committee concludes Q1, Q2, Q3 2024 unaudited financials should no longer be relied upon.
Nauticus Robotics agrees to acquire SeaTrepid for $16M; expects ~9x revenue boost
Total consideration $16M: $8M cash ($4M at close, $4M by Sep 2025), $5.5M earn-out shares, plus $2.5M liabilities assumed.
Nauticus Robotics regains Nasdaq compliance on equity rule, avoids delisting
Nasdaq confirmed Feb 18, 2025 that Nauticus met Rule 5550(b)(1) equity requirement for continued listing.
Nauticus Robotics regains Nasdaq compliance via debt exchange and equity sales
Exchanged existing notes for 27,588 shares of Series A Preferred Stock on Dec 27, 2024, increasing equity by $35.4 million.
Nauticus Robotics exchanges convertible debentures for 35,434 Series A Preferred shares
On Dec 27-31, 2024, Nauticus issued 27,588, 2,504, and 5,342 Series A Preferred shares to three institutional investors in exchange for outstanding convertible debentures.
Nauticus Robotics reduces loan conversion price to $1.59 per share
Conversion price on Senior Secured Term Loan reduced to $1.59 (post-reverse split).
Filed Certificate of Designation for 40,000 shares of Series A Convertible Preferred Stock with $1,000 stated value per share.
On July 29, 2024, Nicholas J. Bigney, General Counsel of Nauticus Robotics, Inc., ("Nauticus") informed the Nauticus of his intention to resign from his position to accept a position with a different company.
On April 16, 2024, Dr. Lisa Porter, a member of the board of directors (the "Board") of Nauticus Robotics, Inc. (the "Company"), notified the Board that she does not wish to stand for reelection at the 2024 annual meeting of stockholders of the Company (the "Meeting").
Also on April 16, 2024, VAdm. Joseph R. Dyer, a member of the Board, notified the Board that he does not wish to stand for reelection at the Meeting.
Max materiality 0.85 · Median 0.60 · Most common event other_material