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Nauticus Robotics ( (KITT) ) has shared an update.
On June 25, 2025, Nauticus Robotics, Inc. held its annual meeting of shareholders, where several key decisions were made. Shareholders elected William H. Flores as a Class III Director, ratified Whitley Penn LLP as the independent accounting firm for 2025, approved an amendment to the 2022 Omnibus Incentive Plan to increase available shares, authorized a reverse stock split, and approved the possibility of adjourning the meeting for further proxy solicitation if needed.
Spark’s Take on KITT Stock
According to Spark, TipRanks’ AI Analyst, KITT is a Neutral.
Nauticus Robotics’ overall stock score is primarily driven by its poor financial performance, characterized by negative margins and high debt levels. While technical analysis and valuation metrics are less favorable, the company’s strategic initiatives, such as the acquisition of SeaTrepid, offer some optimism for recovery. The recent increase in CEO compensation underscores the importance of leadership stability during this critical period.
To see Spark’s full report on KITT stock, click here.
More about Nauticus Robotics
Average Trading Volume: 1,760,212
Technical Sentiment Signal: Sell
Current Market Cap: $34.02M
For detailed information about KITT stock, go to TipRanks’ Stock Analysis page.