Nauticus Robotics Announces 1-for-9 Reverse Stock Split to Boost Share Price

Reuters
Sep 02
Nauticus Robotics Announces 1-for-9 Reverse Stock Split to Boost Share Price

Nauticus Robotics, Inc. (NASDAQ: KITT) has announced a 1-for-9 reverse stock split of its common stock, effective September 5, 2025, following approval from its Board of Directors and stockholders. The move aims to increase the share price to meet Nasdaq Capital Market's minimum bid price requirements and potentially attract a wider range of investors. The reverse stock split will automatically consolidate every nine shares into one, with trading expected to resume on a post-split basis under the symbol "KITT."

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