Nauticus Robotics to Execute 1-for-8 Reverse Split on April 21 to Meet Nasdaq Bid Rule
Nauticus Robotics will implement a 1-for-8 reverse stock split effective April 21, 2026, consolidating every eight shares into one to comply with Nasdaq minimum bid price rules. After-market trading is suspended April 17 at 7:50 p.m. ET, fractional shares are rounded up and ownership percentages remain unchanged.
1. Reverse Split Authorization
Nauticus Robotics’ board and shareholders approved a 1-for-8 reverse stock split at a special meeting on January 28, 2026. Under this corporate action, every eight outstanding common shares will be consolidated into one share, proportionally increasing the per-share price.
2. Purpose and Impact
The reverse split aims to raise Nauticus’ share price to satisfy Nasdaq’s minimum bid requirements and broaden investor access, including institutions with price thresholds. The adjustment will not alter the company’s market capitalization or individual ownership percentages.
3. Timeline and Shareholder Guidance
After-market trading of Nauticus shares will halt at 7:50 p.m. ET on April 17, 2026, with the split effective at market open on April 21 under the existing ticker and a new CUSIP. Book-entry shareholders need no action, while certificated holders will receive exchange instructions; fractional shares will be rounded up.