Nauticus Robotics Issues $1.5M Convertible Debenture

Nauticus Robotics, Inc. issued an Original Issue Discount Senior Secured Convertible Debenture totaling $1,500,000.00 to an institutional investor on July 20, 2026. This debenture is convertible into 197,369 shares of the company's common stock at a conversion price of $7.60 per share. The Additional Note, which matures on September 9, 2026, was issued under a previously established Securities Purchase Agreement from November 2024 and was not registered under the Securities Act.