Nauticus Robotics Executes 1-For-6 Reverse Split
Nauticus Robotics will execute a 1-for-6 reverse split to meet Nasdaq bid price rules, effective late September 2026.
Key points
- Nauticus Robotics will implement a 1-for-6 reverse split effective Sept. 24, 2026, to meet Nasdaq bid price requirements.
- The company develops autonomous underwater vehicles for commercial and defense markets, targeting cost reduction in offshore operations.
- Shareholders will see their share count reduced by a factor of six, with the ticker remaining KITT on the Nasdaq Capital Market.
Nauticus Robotics Inc. will execute a 1-for-6 reverse stock split. This move aims to boost the share price. It ensures compliance with Nasdaq listing rules.
The split becomes effective at 8:01 p.m. ET on Sept. 24, 2026. Trading resumes on a split-adjusted basis on Sept. 25. The ticker remains KITT.
Split Mechanics and Shareholder Impact
Every six shares will combine into one. Fractional shares round up to the nearest whole unit. Electronic holders receive new shares automatically.
Physical certificate holders get instructions from Continental Stock Transfer. The CUSIP number changes to 63911H 504. This action does not add company value.
Business Context and Operational Goals
Nauticus develops autonomous underwater vehicles. It serves commercial and defense sectors. The company provides robots as a service.
It also sells vehicles and licenses software. New vehicles target offshore infrastructure tasks. These systems aim to lower operational costs.
Regulatory Compliance and Board Approval
The board approved the split. It fits within shareholder authorization from May 27, 2026. The goal is meeting minimum bid prices.
A higher price may attract institutional investors. These firms often have minimum share price rules. Details appeared in a proxy filed April 17.
