Every material Form 8-K Nauticus Robotics, Inc. has filed with the SEC since October 01, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Nauticus Robotics entered a Sixth Amendment to its Senior Secured Term Loan Agreement on September 30, 2026, lowering the conversion price on the loans to $1.488 for the period ending October 2, 2026. The loans were originally convertible at an initial price of $6.00, and the company has repeatedly lowered that price through a series of amendments since October 2025, which changes how many common shares the loans could convert into.
Sixth Amendment dated September 30, 2026 reduces the conversion price to $1.488 for the period ending October 2, 2026
Initial conversion price under the term loan was $6.00, subject to adjustment
Fifth Amendments, dated as of September 14, 2026, extended the maturity date to January 31, 2028
Exhibits 10.1 and 10.2 containing the amendment and collateral agent consent were filed with the report
Nauticus Robotics received two waivers from a single holder of its Series B and Series C Convertible Preferred Stock covering a Triggering Event tied to preferred shares remaining outstanding on or after September 30, 2026. The waivers run through March 31, 2027, and waive the default 18% dividend rate, incremental dividends, and the Triggering Event Conversion with its 125% multiplier, for that period only.
Waivers were executed by one holder on September 30, 2026, covering Series B and Series C Preferred Stock separately.
Waiver Period runs from September 30, 2026 through March 31, 2027.
Waived the increase to an 18% per annum default dividend rate and the 125% Conversion Amount multiplier, but not the existing 120% calculation.
Waivers bind only the signing holder; the filing does not waive other triggering events, breaches, or defaults.
Nauticus Robotics obtained a waiver from one holder of its Series A Convertible Preferred Stock covering a triggering event that would otherwise arise because Series A shares remain outstanding on or after September 30, 2026. The waiver covers the period through January 31, 2027, and suspends an increased 18% dividend rate, incremental dividends, and a 125% conversion multiplier for that holder. The waiver is limited to that holder and does not affect other triggering events or the company's other preferred stock holders.
Waiver received September 30, 2026 from one Series A Convertible Preferred Stock holder
Waiver Period runs from September 30, 2026 through January 31, 2027
Waived default dividend rate of 18% per annum and the 125% Conversion Amount multiplier for the period, to the extent tied to the Specified Event
Waivers from other Series A, Series B and Series C holders are expected to contain substantially similar language with periods ending no earlier than January 31, 2027
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Nauticus Robotics, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →