Nauticus Robotics cuts term loan conversion price to $1.8 through Aug. 13 under fourth amendment

Reuters2026/08/13 20:49

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Nauticus Robotics entered a Fourth Amendment to its senior secured term loan agreement with its lenders on Aug. 12, 2026.
The amendment cuts the loans’ conversion price to $1.8 through Aug. 13, 2026.
The term loan is convertible into common stock, subject to adjustments under the agreement.
ATW Special Situations Management serves as collateral agent under the facility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nauticus Robotics, Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001849820-26-000128), on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nauticus Robotics cuts term loan conversion price to $1.8 through Aug. 13 under fourth amendment

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