Nauticus Robotics cuts term loan conversion price to $1.8 through Aug. 13 under fourth amendment
Reuters2026/08/13 20:49- Nauticus Robotics entered a Fourth Amendment to its senior secured term loan agreement with its lenders on Aug. 12, 2026.
- The amendment cuts the loans’ conversion price to $1.8 through Aug. 13, 2026.
- The term loan is convertible into common stock, subject to adjustments under the agreement.
- ATW Special Situations Management serves as collateral agent under the facility.
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