Nauticus Robotics, Inc. (KITT) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
KITT currently has 4.36M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 1356.35% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 3 stock splits (positive for accessibility) and 3 reverse splits (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 21, 2026 |
Stock Split
8-K filing: Stock split 1-for-8 | Outstanding: 34,877,145 → 4,359,643 |
4.4M | 0 |
| Apr 15, 2026 |
10-K filing | 34.9M shares outstanding |
35M | 0 |
| Mar 30, 2026 |
8-K filing: On March 27, 2026, the Company consummated an Exchange pursuant to the Exchange Agreement whereby the Investor exchanged all of the principal amount of the Existing February Debenture into 2,023 shares of Series C Preferred Stock. |
4.7M | 0 |
| Dec 08, 2025 |
8-K filing: Nauticus Robotics, Inc. reports several equity transactions including common stock sales under an at-the-market offering, debt conversions to equity, and exchanges of convertible securities for Series C preferred stock. ($3.8M proceeds) |
4.7M | 0 |
| Sep 05, 2025 |
Stock Split
8-K filing: Stock split 1-for-9 | Outstanding: 42,267,643 → 4,696,404 |
4.7M | 0 |
| Aug 11, 2025 |
10-Q filing | 42.3M shares outstanding |
42M | 0 |
| May 16, 2025 |
S-3/A filing: Nauticus Robotics, Inc. is registering the offer and sale of common stock, preferred stock, depositary shares, warrants and rights, and units with an aggregate initial offering price not to exceed $100,000,000. |
37M | 0 |
| May 14, 2025 |
10-Q filing | 37.3M shares outstanding |
37M | 0 |
| Apr 15, 2025 |
10-K filing | 35.2M shares outstanding |
35M | 0 |
| Feb 03, 2025 |
S-3 filing: The company is offering common stock with an aggregate offering price of up to $30,000,000, or up to 9,677,419 shares, assuming sales at a price of $3.10 per share, through an at-the-market offering via Wainwright. |
39M | 0 |
| Jan 29, 2025 |
8-K filing: The company undertook actions to regain compliance with Nasdaq Capital Market listing rules, including exchanging convertible debentures for Series A Preferred Stock and selling common stock under an At The Market Offering Agreement. ($35.43M proceeds) |
6.4M | 0 |
| Nov 12, 2024 |
10-Q filing | 6.4M shares outstanding |
6.4M | 0 |
| Nov 05, 2024 |
8-K filing: Nauticus Robotics, Inc. entered into an Exchange Agreement to exchange Existing Notes for Series A Preferred Stock and also entered into a Securities Purchase Agreement for $1,150,000 in principal amount of debentures with an option to purchase up to an additional aggregate of $20,000,000 in principal amount of original issue discount senior secured convertible debentures. |
4.6M | 0 |
| Aug 14, 2024 |
10-Q filing | 4.6M shares outstanding |
4.6M | 0 |
| Jul 22, 2024 |
Stock Split
8-K filing: Stock split 1-for-36 | Outstanding: 66,742,808 → 1,853,966 |
1.9M | 0 |
| May 14, 2024 |
10-Q filing | 66.7M shares outstanding |
67M | 0 |
| Apr 30, 2024 |
S-3/A filing: Nauticus Robotics, Inc. is filing a registration statement for the offer and sale of common stock, preferred stock, depositary shares, warrants, rights and units for an aggregate offering price not to exceed $30,000,000. |
62M | 0 |
| Apr 10, 2024 |
10-K filing | 62.1M shares outstanding |
62M | 0 |
| Feb 13, 2024 |
S-3 filing: Nauticus Robotics, Inc. may offer and sell up to $30,000,000 of common stock, preferred stock, and depositary shares from time to time in one or more transactions. |
50M | 0 |
| Nov 14, 2023 |
10-Q filing | 50.0M shares outstanding |
50M | 0 |
| Sep 05, 2023 |
S-1/A filing: This prospectus relates to the resale of up to 1,890,066 shares of common stock by selling securityholders. |
50M | 0 |
| Aug 14, 2023 |
10-Q filing | 49.8M shares outstanding |
50M | 0 |
| Aug 07, 2023 |
S-1 filing: This S-1 filing registers for resale up to 1,890,066 shares of common stock by selling securityholders. |
50M | 0 |
| Jun 23, 2023 |
8-K filing: Nauticus Robotics entered into warrant exercise inducement offer letters with certain holders to amend the exercise price of existing warrants and issue new warrants, receiving gross proceeds of approximately $9.6 million, and also agreed to deliver 1,890,066 shares of Common Stock to certain investors in exchange for the release of claims related to a Registration Rights Agreement. ($9.6M proceeds) |
48M | 0 |
| May 15, 2023 |
10-Q filing | 47.5M shares outstanding |
48M | 0 |
| Apr 11, 2023 |
S-1/A filing: This S-1/A filing registers the offer and sale of shares of common stock, including shares underlying public warrants, private warrants, Securities Purchase Agreement warrants, and convertible debentures, as well as shares for resale by selling securityholders. |
30M | 6.1M |
| Mar 28, 2023 |
10-K filing | 47.3M shares outstanding |
47M | 0 |
| Mar 10, 2023 |
S-1/A filing: This S-1/A filing includes information on the offer and sale of common stock, including shares issued upon conversion of rights, shares issuable upon exercise of warrants, founder shares, shares purchased under subscription agreements, and shares issuable upon conversion of debentures. |
30M | 6.1M |
| Feb 03, 2023 |
S-1/A filing: This S-1/A filing includes the offer and sale of common stock, shares underlying public and private warrants, shares underlying a securities purchase agreement, and shares underlying convertible debentures, as well as the resale of common stock by selling securityholders. |
30M | 6.1M |
| Dec 28, 2022 |
S-1/A filing: This S-1/A filing includes information on the offer and sale of common stock, including shares issued upon conversion of rights, exercise of warrants, and resale of shares by selling securityholders. |
30M | 5.7M |
| Nov 14, 2022 |
10-Q filing | 47.3M shares outstanding |
47M | 0 |
| Sep 15, 2022 |
8-K filing: Nauticus Robotics, Inc. consummated a business combination with CleanTech Acquisition Corp. on September 9, 2022, resulting in the issuance of 47,250,773 shares of common stock and warrants, including public warrants, private warrants, and SPA warrants; also the company approved the 2022 Omnibus Incentive Plan. ($31.0M proceeds) |
47M | 0 |
| Sep 12, 2022 |
S-1 filing: An S-1 filing by CleanTech Acquisition Corp., to be renamed Nauticus Robotics, Inc., regarding the offering of 3,530,000 shares of Common Stock by Selling Stockholders. |
6.1M | 3.5M |
| Aug 15, 2022 |
10-Q filing | 6.1M shares outstanding |
6.1M | 0 |
| Jul 19, 2022 |
8-K filing: 15,466,711 shares were tendered for redemption in connection with the stockholders' vote at the Special Meeting of Stockholders. |
22M | 0 |
| May 20, 2022 |
10-Q filing | 21.6M shares outstanding |
22M | 0 |
| Mar 29, 2022 |
10-K filing | 21.6M shares outstanding |
22M | 0 |
| Dec 17, 2021 |
8-K filing: CleanTech Acquisition Corp. entered into a Merger Agreement with Nauticus Robotics, Inc., involving the merger of CleanTech Merger Sub, Inc. with and into Nauticus, with Nauticus surviving as a wholly owned subsidiary of CleanTech. ($35.3M proceeds) |
22M | 0 |
| Nov 12, 2021 |
10-Q filing | 21.6M shares outstanding |
22M | 0 |
| Aug 31, 2021 |
10-Q filing | 21.6M shares outstanding |
22M | 0 |
| Aug 03, 2021 |
8-K filing: The company consummated its initial public offering of 15,000,000 units at $10.00 per unit, generating gross proceeds of $150,000,000, and also consummated a private placement of 6,500,000 warrants, generating $6,500,000. The underwriters fully exercised their over-allotment option, purchasing an additional 2,250,000 Units for $22,500,000, and the company sold an additional 675,000 Private Warrants at $10.00 per warrant, generating $675,000. ($179.68M proceeds) |
N/A | 0 |
| Jul 23, 2021 |
8-K filing: The company consummated its initial public offering of 15,000,000 units at a price of $10.00 per unit, generating gross proceeds of $150,000,000, and also consummated a private placement with initial stockholders of the company of 6,500,000 warrants, generating total proceeds of $6,500,000. ($156.5M proceeds) |
N/A | 0 |
| Jul 21, 2021 |
8-K filing: CleanTech Acquisition Corp. consummated its IPO of 15,000,000 units at $10.00 per unit, generating gross proceeds of $150,000,000, and simultaneously completed a private placement of 6,500,000 warrants, generating $6,500,000. ($156.5M proceeds) |
N/A | 0 |
| Jul 06, 2021 |
S-1/A filing: The company is offering additional placement warrants to certain stockholders and affiliates at a purchase price of $1.00 per warrant in a private placement. |
N/A | 680K |
| Jun 25, 2021 |
S-1/A filing: This S-1/A filing registers shares of common stock, rights, and warrants included as part of units offered to the public, with each unit consisting of one share of common stock, one right, and one-half of one warrant, at a price of $10.00 per unit. |
N/A | 17M |
| Jun 09, 2021 |
S-1/A filing: S-1/A filing for shares of common stock and warrants included as part of units with 25,000,000 units offered at $10.00 per unit. |
N/A | 25M |
| May 28, 2021 |
S-1 filing: S-1 filing for an offering of units, each consisting of one share of common stock and one-half of one warrant, at $10.00 per unit. |
N/A | 25M |