Company: KITTW
Filing Date: 2025-04-15
Form Type: 10-Q/A
Source: 0001849820-25-000106
Chunk: 53

Company: Nauticus Robotics, Inc.
Filing Date: 2025-04-15
Form: 10-Q/A
Chunk 53
---
 rate of between 4.08% and 4.74%, implied volatility of between 123% and 134% and a remaining term of between 1.94years and 2.14years.

The fair value of the new convertible debentures converted during the second quarter of 2024 was estimated using Monte Carlo simulations with the following assumptions: stock price between $ 4.97and $ 8.31, a risk free rate of between 4.63% and 4.81%, implied volatility of between 123% and 133% and a remaining term of between 2.19years and 2.26years.

The fair value of the Public, Private and SPA Warrants are measured at each reporting date in accordance with ASC 820-10. The Public Warrants were valued based on their publicly-traded price. The Private and SPA Warrants are considered Level 3 measurements as they involve significant unobservable inputs.

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#### NAUTICUS ROBOTICS, INC.

### NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
<div align='center'>(UNAUDITED)</div>

In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company’s financial liabilities that are required to be measured at fair value on a recurring basis and the related activity for the periods presented:

|                            |     | Fair Value as of September 30, 2024 |            |     |         |         |     |         |   |     |         |            |     | Fair Value as of December 31, 2023 |            |     |         |         |     |         |   |     |         |            |
|:---------------------------|:----|:------------------------------------|-----------:|:----|:--------|--------:|:----|:--------|:--|:----|:--------|-----------:|:----|:-----------------------------------|-----------:|:----|:--------|--------:|:----|:--------|:--|:----|:--------|-----------:|
|                            |     | -As Restated                        |            |     |         |         |     |         |   |     |         |            |     |                                    |            |     |         |         |     |         |   |     |         |            |
|                            |     | Carrying Value                      |            |     | Level 1 |