Nauticus Robotics Implements 1-for-9 Reverse Stock Split to Maintain Nasdaq Compliance

Nauticus Robotics, Inc. (NASDAQ: KITT) will proceed with a 1-for-9 reverse stock split of its outstanding common shares following approval by its Board of Directors and stockholders. This corporate action, approved at the company's annual shareholder meeting on June 25, 2025, will consolidate every nine shares into one, proportionally increasing the share price while maintaining shareholder ownership percentages.

The primary objective of the reverse split is to increase Nauticus' share price to comply with the minimum bid price requirement mandated by The Nasdaq Capital Market. A higher share price can also make the stock more attractive to institutional investors who often have minimum price thresholds for investments. The adjustment will not change the overall value of the company or individual ownership stakes, as fractional shares will be rounded up to the nearest whole share.

The reverse stock split is scheduled to become effective on September 05, 2025, with after-market trading expected to be suspended temporarily at 7:50 p.m. Eastern Time on September 04, 2025. Trading will resume on a post-split basis at market open on September 05 under the existing symbol "KITT" with a new CUSIP number 63911H 306. Shareholders holding shares electronically in book-entry form do not need to take any action, while those with certificated shares will receive instructions from Continental Stock Transfer and Trust, the company's transfer agent.

Additional information about the reverse split can be found in Nauticus' definitive proxy statement (Form DEF 14A) filed with the U.S. Securities and Exchange Commission on April 29, 2025, available through the SEC's EDGAR database at https://www.sec.gov/edgar/searchedgar/companysearch. The company develops autonomous robots for ocean industries, utilizing sensors, artificial intelligence, and advanced algorithms for perception and decision-making in marine environments.