Nauticus Robotics issues $1.5 million senior secured convertible debenture due 2026
KITT•Convertible debenture issued to institutional investor
Nauticus Robotics issued a $1.5 million Original Issue Discount Senior Secured Convertible Debenture Due 2026 to an institutional investor.
- The debenture is convertible into 197,369 common shares at a conversion price of $7.6 per share.
- The debenture matures on Sept. 9, 2026, subject to earlier repayment terms under the instrument.
