Company: KITTW
Filing Date: 2025-02-03
Form Type: S-3
Source: 0001849820-25-000045
Chunk: 55

Company: Nauticus Robotics, Inc.
Filing Date: 2025-02-03
Form: S-3
Chunk 55
---
 sale of 9,677,419 shares of common stock in this offering at an assumed public offering price of $3.10 per share, the last reported sale price of our common stock on the Nasdaq Capital Market on January 15, 2025, and after deducting commissions and estimated aggregate offering expenses payable by us, our as adjusted net tangible book value as of September 30, 2024 would have been approximately $59,730,766, or approximately $1.50 per share. This represents an immediate increase in net tangible book value of approximately $0.48 per share to our existing stockholders and an immediate dilution in as adjusted pro forma net tangible book value of approximately $1.60 per share to investors participating in this offering, as illustrated by the following table:

| Assumed public offering price per share of our common stock                                                                     
 Net tangible book value per share of our common stock as of September 30, 2024                                                  |     |   $3.10 
 $(6.48) |
|:--------------------------------------------------------------------------------------------------------------------------------|:----|--------:|
| Increase in net tangible book value per share of our common stock attributable to investors participating in this offering      |     |   $0.48 |
| As adjusted net tangible book value per share of our common stock as of September 30, 2024 after giving effect to this offering |     |   $1.50 |
| Dilution in net tangible book value per share of our common stock to investors in this offering                                 |     |   $1.60 |

The table above assumes for illustrative purposes that an aggregate of 9,677,419 shares of our common stock are sold at a pri ce of $3.10 per share, the last reported sales price of our Common Stock on the Nasdaq Capital Market on January 15, 2025, for aggregate gross proceeds of approximately $30,000,000. The shares sold in this offering, if any, will be sold from time to time at various prices.

The above discussion and table are based on 5,634,942 actual shares of common stock outstanding as of September 30, 2024, and 39,809,967 shares of common stock outstanding as of September 30, 2024 on a pro forma basis and excludes, as of such date, in each case:

<div align='center'>S-8</div>

◦ 313,838 shares of common stock issuable upon exercise of stock options outstanding under our