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Wednesday, July 03, 2024 9:39:49 AM
https://seekingalpha.com/article/4693152-nauticus-robotics-inc-kitt-q1-2024-earnings-call-transcript?utm_source=otcmarkets&utm_medium=referral&feed_item_type=transcript
Now, the first is, we need for you to vote yes on the reverse split item number three of the Special Meeting being hosted on May 20, 2024. We want to remain listed. There are two requirements, bid price and market cap. We have until July 22, 2024 to cure having a bid price below $1. We have until August the 13, 2024 to cure the market cap being less than $35 million.
Our second issue, the reverse split does not cure the market cap compliance issue with NASDAQ. We do believe with the cure of the bid price, with the reverse split, we can successfully gain an extension of six months from August 13, 2024 to cure the market cap shortfall. We believe the increase in services revenue from leasing Aquanaut in the third quarter will help close the gap on market cap.
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Recent KITT News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/20/2024 01:13:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/20/2024 01:13:10 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/20/2024 01:12:02 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/18/2024 08:32:19 PM
- Nauticus Robotics Announces Transformative 1-for-36 Reverse Stock Split • PR Newswire (US) • 07/18/2024 08:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/18/2024 12:33:50 PM
- Nauticus Robotics Invoices Phase I: Concept Validation Under Contract for Aquanaut Mark 2 • PR Newswire (US) • 07/18/2024 12:30:00 PM
- Micro Cap Duo Already On The Move On Tuesday • AllPennyStocks.com • 06/11/2024 02:17:00 PM
- Nauticus Robotics Announces Results for the First Quarter of 2024 • PR Newswire (US) • 05/14/2024 01:57:00 AM
- Nauticus Robotics Announces Timing of Release of First Quarter Earnings and Investor Conference Call • PR Newswire (US) • 05/06/2024 11:02:00 PM
- Nauticus Robotics Tests Aquanaut Mk2 Vehicle, Announces 2023 Results • PR Newswire (US) • 04/10/2024 12:50:00 AM
- Nauticus Robotics Announces Timing of Release of 2023 Earnings and Investor Conference Call • PR Newswire (US) • 04/04/2024 12:00:00 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 02/29/2024 10:17:56 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 02/29/2024 10:16:23 PM
- This Stock Duo Is Having Compounding Success This Week • AllPennyStocks.com • 02/28/2024 02:30:00 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 02/23/2024 01:00:11 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 02/22/2024 10:03:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 10:00:52 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 02/13/2024 07:16:01 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 02/06/2024 09:30:33 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 02/06/2024 09:30:33 PM
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