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Nauticus Robotics Stockholders Approve Key Stock Issuance

Story Highlights
  • Nauticus Robotics held a special meeting on November 21, 2025, to discuss stock issuance and meeting adjournment.
  • A proposal to increase authorized shares to 5 billion was not approved due to insufficient votes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nauticus Robotics Stockholders Approve Key Stock Issuance

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

On November 21, 2025, Nauticus Robotics, Inc. held a special meeting of stockholders where key decisions were made regarding the company’s stock. The stockholders approved the issuance of common stock upon conversion of Series B Convertible Preferred Stock and agreed to adjourn the meeting if necessary for further proxy votes. However, a proposal to increase authorized common stock from 625 million to 5 billion shares did not pass due to insufficient votes, despite a majority of votes cast being in favor.

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: 2,117,715

Technical Sentiment Signal: Strong Sell

Current Market Cap: $10.33M

Find detailed analytics on KITT stock on TipRanks’ Stock Analysis page.

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