#Stock Split #Nauticus Robotics #NASDAQ KITT

Nauticus Robotics Implements Reverse Stock Split

On September 23, 2026, Nauticus Robotics, Inc. (NASDAQ: KITT) made an essential announcement regarding a corporate action aimed at enhancing the attractiveness of its shares. The company revealed its decision to undergo a 1-for-6 reverse stock split of its outstanding common shares. This move follows the approval from both its Board of Directors and stockholders earlier this year during the annual meeting.

Understanding Reverse Stock Splits

A reverse stock split is a process where a company reduces the total number of its outstanding shares while proportionally increasing the share price. In the case of Nauticus, for every six shares currently held by shareholders, they will now hold one share following the split. As a result, the share price will also increase in correlation with this consolidation.

The purpose behind this reverse split is primarily to elevate Nauticus' stock price to comply with the minimum bid price stipulated by The Nasdaq Capital Market. A higher share price can significantly broaden the company's appeal to various investors, particularly institutional investors who often have minimum price thresholds for their investments.

Impact on Current Investors

For current shareholders, the reverse stock split will mean that every six shares they own will automatically merge into one. Notably, fractional shares will be rounded up to the nearest whole number, ensuring that no shareholder is adversely impacted in terms of ownership percentage. Importantly, this adjustment will not alter the overall value of the company or its securities; it merely affects the quantity of shares held by each investor. As such, shareholders will maintain the same proportional ownership in Nauticus post-split.

Effective Date of the Reverse Split

The reverse stock split is set to take effect at 8:01 PM ET on September 24, 2026. Trading on the Nasdaq will halt at approximately 7:50 PM ET on the same day and is expected to resume around 9:00 AM ET on September 25, 2026. Investors should anticipate that Nauticus' common stock will begin trading under the symbol