Nauticus Robotics (KITT) Registration Filing summary

Company overview and business model

• Develops ocean robots, cloud software, and services for the ocean industry, focusing on autonomous underwater vehicles (AUVs), robotic manipulators, and an open robotic operating system.

• Solutions target both commercial and defense sectors, with flagship products like Aquanaut and ToolKITT software platform enabling advanced autonomous operations and inspection services.

• Recent acquisition of SeaTrepid International LLC aims to integrate AI-driven autonomy into existing ROV fleets, enhancing efficiency and performance.

Financial performance and metrics

• Aggregate market value of common stock held by non-affiliates is approximately $40,395,485, based on 37,060,088 shares at $1.09 per share as of May 14, 2025.

• During the prior 12 months, $22,661,025 in securities were offered or sold under the current shelf registration.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including acquisitions, debt repayment, investments, working capital, and capital expenditures.

• Management retains broad discretion over allocation and timing of expenditures, with proceeds possibly invested in investment-grade securities until used.