Nauticus Robotics, Inc. announced it will execute a 1-for-6 reverse stock split of its common stock. The primary objective is to increase the per-share trading price to regain compliance with the minimum bid price requirement of the Nasdaq Capital Market.
Key Details
- Effective Date: The reverse stock split will become effective at 8:01 PM Eastern Time on September 24, 2026.
- Split-Adjusted Trading: The company's common stock will begin trading on a split-adjusted basis at the market open on September 25, 2026, under the existing ticker symbol "KITT".
- Fractional Shares: No fractional shares will be issued; any resulting fractional shares will be rounded up to the nearest whole share.