Company: KITTW
Filing Date: 2025-04-15
Form Type: 10-Q/A
Source: 0001849820-25-000106
Chunk: 67

Company: Nauticus Robotics, Inc.
Filing Date: 2025-04-15
Form: 10-Q/A
Chunk 67
---

## ITEM 1. LEGAL PROCEEDINGS
Although we may, from time to time, be subject to litigation and other claims in the normal course of business, we are currently not a party to any material legal proceeding. No amounts have been accrued in the condensed consolidated financial statements with respect to any such matters.

## ITEM 1A. RISK FACTORS
During the three months ended September 30, 2024, there have been no material changes in the “Risk Factors” as set forth in “Item 1A. Risk Factors” of the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and the Company's prospectus supplement dated May 20, 2024 filed by the Company with the SEC. The risks described therein are not the only risks facing the Company. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results.

## ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
In the third quarter of 2024, the Company issued 1,322,604 shares to ATW Special Situations I LLC, upon its conversion of its secured debentures with a principal value of $3,425,000 and interest of $96,528.

In the third quarter of 2024, the Company issued 38,230 shares to SLS Family Irrevocable Trust, upon its exercise of 38,230 SPA Warrants in exchange for the Common Stock.

## ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.

## ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.

## ITEM 5. OTHER INFORMATION

#### Trading Plans
During the three months ended September 30, 2024, no director or Section 16 officer of the Company adoptedor terminateda “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

<div align='center'>41</div>

## ITEM 6. EXHIBITS
|         |     |                                                                                                                     |     | Incorporated by Reference |     |           |     |          |     |                    |
| Exhibit |     | Description                                                                                                         |     | Schedule/                 
 Form                      |     | File      
 Number