Nauticus Robotics Announces 1-for-9 Reverse Stock Split

Core Viewpoint - Nauticus Robotics, Inc. will implement a 1-for-9 reverse stock split to increase its share price and comply with Nasdaq's minimum bid price requirement [1][3]. Group 1: Reverse Stock Split Details - The reverse stock split will consolidate every 9 shares of common stock into 1 share, resulting in a proportional increase in share price [2][3]. - The reverse split is expected to take effect on September 5, 2025, with after-market trading suspended on September 4, 2025 [5]. - Shareholders holding shares electronically will not need to take any action, while those with certificated shares will receive instructions from the transfer agent [6]. Group 2: Impact on Shareholders - Current shareholders will retain the same ownership percentage in Nauticus after the reverse split, and the overall value of the company will remain unchanged [4][3]. - Fractional shares will be rounded up to the nearest whole share during the consolidation process [4]. Group 3: Company Overview - Nauticus Robotics develops autonomous robots for ocean industries, utilizing sensors, AI, and algorithms for operational efficiency [8]. - The company's business model includes robotic systems for service, vehicle sales, and software licensing across commercial and defense sectors [8]. - Nauticus aims to reduce operational costs and environmental impact while enhancing safety and efficiency in subsea operations [8][9].