RCB EQUITIES 1, LLC bought KITT
September 30, 2026 · Form 4 insider transaction
RCB EQUITIES 1, LLC bought 168,011 shares of Nauticus Robotics, Inc. at $1.49 per share, a transaction worth $250.0K. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
On September 30, 2026, RCB Equities #1, LLC converted $250,000 of the outstanding principal under the Senior Secured Term Loan Agreement dated September 18, 2023 (as amended by the Sixth Amendment dated September 30, 2026) into 168,011 shares of Common Stock at a conversion price of $1.488 per share. The conversion price of $1.488 per share was available for conversion notices delivered from September 30, 2026, through and including October 2, 2026. Prior to this conversion, RCB Equities #1, LLC beneficially owned approximately 125,080 shares of Common Stock.; On September 24, 2026, Issuer effected a 1 for 6 reverse stock split. Prior to the reverse stock split, RCB Equities #1, LLC beneficially owned approximately 750,843 shares of Common Stock.