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Nauticus Robotics ( (KITT) ) has provided an update.
On December 3, 2025, Nauticus Robotics, Inc. entered into Amendment and Exchange Agreements with institutional investors to exchange portions of its secured convertible term loans and senior secured convertible debentures into Series C preferred convertible stock. This strategic move aims to restructure the company’s financial obligations and involves amendments to the Securities Purchase Agreement, including plans for stockholder meetings to approve reverse stock splits and an increase in authorized shares. The Series C Preferred Stock will have a stated value of $1,000 per share, offer a 10% annual dividend, and provide conversion rights into common stock, potentially impacting the company’s capital structure and market positioning.
The most recent analyst rating on (KITT) stock is a Sell with a $0.71 price target. To see the full list of analyst forecasts on Nauticus Robotics stock, see the KITT Stock Forecast page.
Spark’s Take on KITT Stock
According to Spark, TipRanks’ AI Analyst, KITT is a Underperform.
Nauticus Robotics faces significant financial challenges, with negative profitability and high leverage being the most critical issues. The technical analysis indicates bearish momentum, and the valuation metrics are unattractive due to the company’s unprofitability. While the earnings call highlighted some strategic advancements, the financial and technical weaknesses heavily influence the overall score.
To see Spark’s full report on KITT stock, click here.
More about Nauticus Robotics
Average Trading Volume: 4,730,333
Technical Sentiment Signal: Strong Sell
Current Market Cap: $9.91M
For an in-depth examination of KITT stock, go to TipRanks’ Overview page.