# Nauticus Robotics, Inc. (KITTW) — capital_raise [announced]
Source: sec.gov · situation sit_fa62af703a1bae399f45 · public 1354108503694764806 · retrieved 2026-08-19T11:55:23.270Z

## Overview
Nauticus Robotics, Inc. develops and manufactures underwater robotics and autonomous systems for subsea applications.

Nauticus Robotics, Inc. entered into a Fourth Amendment to its Senior Secured Term Loan Agreement on August 12, 2026, reducing the conversion price of its convertible loans to $1.80 per share for the period ending August 13, 2026. The amendment was executed with each lender party to the original Term Loan Agreement dated September 18, 2023. The conversion price had been previously adjusted on October 25, 2025 (to $1.76), May 11, 2026 (to $2.20), and June 1, 2026 (to $1.80). The Fourth Amendment also imposed trading volume limitations, restricting lenders from selling conversion shares in excess of 10% of average daily trading volume over the preceding 10 trading days.

## Terms
- Counterparty: Lenders under the Senior Secured Term Loan Agreement (including ATW Special Situations II LLC, Material Impact Fund II, L.P., and RBC Equities #1, LLC) · Price/share: $1.8

## Key dates
- Announced 2026-08-13 · Expiry 2026-08-13

## Timeline
- 2026-08-13 · 8-K (0001849820-26-000128): 8-K - Nauticus Robotics, Inc. — *Nauticus Robotics, Inc. develops and manufactures underwater robotics and autonomous systems for subsea applications.* Nauticus Robotics, Inc. entered into a Fourth Amendment to its Senior Secured Term Loan Agreement on August 12, 2026, reducing the conversion price of its convertible loans to $1.80 per share for the period ending August 13, 2026. The amendment was executed with each lender party to the original Term Loan Agreement dated September 18, 2023. The conversion price had been previously adjusted on October 25, 2025 (to $1.76), May 11, 2026 (to $2.20), and June 1, 2026 (to $1.80). The Fourth Amendment also imposed trading volume limitations, restricting lenders from selling conversion shares in excess of 10% of average daily trading volume over the preceding 10 trading days.
  https://www.sec.gov/Archives/edgar/data/1849820/0001849820-26-000128.txt

## Citations
- 0001849820-26-000128 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000184982026000128