Nauticus Robotics Shareholders Approve Stock Issuance, Reverse Split

Nauticus Robotics ( (KITT) ) has shared an announcement.

On January 28, 2026, Nauticus Robotics, Inc. held a special meeting of stockholders at which investors approved the issuance of common stock under an existing equity purchase facility and the issuance of common shares upon conversion of Series C Convertible Preferred Stock held by institutional investors. Shareholders also authorized the board to implement one or more reverse stock splits at a ratio ranging from 1-for-5 to 1-for-250 and approved a contingency proposal to adjourn the meeting if needed, but a separate measure to increase authorized common shares from 625 million to 1.5 billion, despite receiving a majority of votes cast, failed to secure the required majority of all outstanding shares, limiting the company’s flexibility to issue additional stock going forward.

The most recent analyst rating on (KITT) stock is a Hold with a $1.50 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 Neutral.

The score is held down primarily by weak financial quality—large ongoing losses, negative gross profit, and a highly stressed balance sheet with negative equity—despite strong revenue growth. Technicals show improving near-term momentum, and company updates point to operational progress and improved cash, but valuation support is limited due to negative earnings and no dividend.

To see Spark’s full report on KITT stock, click here.

More about Nauticus Robotics

Average Trading Volume: 8,812,926

Technical Sentiment Signal: Strong Sell

Current Market Cap: $38.16M

See more insights into KITT stock on TipRanks’ Stock Analysis page.