Nauticus Robotics to Conduct 1-for-9 Reverse Stock Split.

Nauticus Robotics will implement a 1-for-9 reverse stock split to reduce the number of outstanding shares and increase the share price. The move aims to maintain the company's listing on NASDAQ and make its shares more attractive to investors. The reverse split will consolidate every 9 shares of common stock into one share, increasing the share price proportionally.

Title: Nauticus Robotics Announces 1-for-9 Reverse Stock Split

Nauticus Robotics, Inc. (NASDAQ: KITT), a company specializing in autonomous robots for the ocean industries, has announced a significant corporate action: a 1-for-9 reverse stock split. This move aims to reduce the number of outstanding shares and proportionally increase the share price, aligning with the company's goal to maintain its listing on NASDAQ and attract a broader range of investors.

A reverse stock split is a corporate action that consolidates a specified number of shares into a smaller number, thereby increasing the share price. In Nauticus' case, the 1-for-9 reverse stock split means that every 9 shares of common stock will be consolidated into one share, with the share price increasing proportionally. This action is expected to be effective on September 5, 2025, following a temporary suspension of after-market trading on September 4, 2025 [1].

The primary objective of this reverse stock split is to comply with the minimum bid price requirements set by The Nasdaq Capital Market. A higher share price can also make the stock more attractive to institutional investors who often have minimum price thresholds for investments. This move is anticipated to enhance the liquidity and marketability of Nauticus' shares [1].

Current shareholders will retain their ownership percentages in the company post-split, with no change in the overall value of their holdings. Fractional shares will be rounded up to the nearest whole share. Shareholders holding their shares electronically will not need to take any action, while those with certificated shares will receive instructions from Continental Stock Transfer and Trust, the company's transfer agent [1].

For more information about the reverse stock split, investors can refer to Nauticus' definitive proxy statement (Form DEF 14A) filed with the U.S. Securities and Exchange Commission on April 29, 2025 [1].

References:
[1] https://www.marketscreener.com/news/nauticus-robotics-announces-1-for-9-reverse-stock-split-ce7c50d3de8bff22