Nauticus Robotics Announces 1-for-6 Reverse Stock Split to Regain Nasdaq Compliance
KITT is trading near its 52-week low of $0.6 (2.0% below the low) on light trading volume (0.3× avg).
Summary
Nauticus Robotics will execute a 1-for-6 reverse stock split on September 24, 2026, to regain Nasdaq minimum bid price compliance. Trading on a split-adjusted basis begins September 25, 2026.
Key Events · Corporate Governance and Compliance · KITT
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1-for-6 Reverse Stock Split
Every 6 shares of common stock will be combined into 1 share, effective 8:01 PM ET on September 24, 2026. Fractional shares are rounded up to the nearest whole share.
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Nasdaq Compliance Objective
The split is designed to raise the per-share price to meet the Nasdaq Capital Market's minimum bid price requirement, addressing delisting risk.
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Trading Timeline
Nasdaq will halt trading at approximately 7:50 PM ET on September 24, 2026, and reopen at approximately 9:00 AM ET on September 25, 2026, on a split-adjusted basis under the same symbol KITT with new CUSIP 63911H 504.
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No Ownership Change
The reverse split does not alter stockholders' percentage ownership or proportional voting power, except for minor rounding adjustments from fractional shares.
Analysis · KITT · Technology
To lift its share price above the Nasdaq Capital Market's minimum bid requirement, Nauticus Robotics is executing a 1-for-6 reverse stock split effective September 24, 2026. The stock currently trades at $0.5881, just below the $0.60 52-week low, and the company has been under delisting pressure. The split mechanically raises the per-share price sixfold but does not change ownership percentages or total market value. Against a backdrop of collapsing revenue, dwindling cash, and going-concern doubts, this is a compliance-driven move rather than a fundamental improvement.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1645 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KITT was trading at $0.59 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.7M. The 52-week trading range was $0.60 to $35.84. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.