Nauticus Robotics, Inc. (KITT) Form 424B3 — Aug 14, 2026
Nauticus Robotics filed a 424B3 prospectus registering the resale of up to 181,159,420 shares of common stock by selling stockholder SZOP Opportunities I LLC under the Equity Purchase Facility Agreement signed October 24, 2025, in which SZOP committed to purchase up to $250 million of newly issued KITT shares over a 24-month commitment period.
Key figures
- Cash Position
- 1400000
- Gross Proceeds
- 250000000
- Offering Price
- $1.38 assumed purchase price (June 16, 2026 close); actual price per advance is the lowest of traded price/daily VWAP formulas; stock closed at $0.87 on July 31, 2026
- Shares Offered
- 181159420
- Shares Outstanding
- 7288119
- Exchange Cap
- 19.99%, exceeded via stockholder approval received January 28, 2026
- Assumed Price
- 1.38
- Commitment Fee
- $100,000
- Commitment Shares
- 6661
- Reverse Split Ratio
- 1-for-8 (effective April 21, 2026)
- Accumulated Deficit
- approximately $344.3 million (June 30, 2026)
- Warrant Exercise Price
- $11.50 per full share (2,592 warrants per share)
- Szop Pre Offering Shares
- 552539
- Commitment Period Months
- 24
- Szop Pre Offering Percent
- 8.08%
- Closing Price July31 2026
- 0.87
- Convertible Term Loan Shares
- 85927
- Proposed Nasdaq Mvls Minimum
- $5.0 million (approved July 22, 2026, stayed July 29, 2026)
- Public Warrants Outstanding
- 11779167
- Convertible Debenture Shares
- 392368
- Szop Beneficial Ownership Cap
- 9.99%
- Regular Purchase Max Per Advance
- $1,000,000
- Shares Outstanding June16 2026
- 6840174
- Panel Monitor Equity Requirement
- $3.5 million stockholders' equity per fiscal quarter through December 19, 2026
- Accelerated Purchase Max Per Advance
- $2,500,000
- Convertible Preferred Shares Issuable
- 2425800
AI analysis
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