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Nauticus Robotics, Inc. (NASDAQ:KITT, "Company")), a leading innovator in autonomous subsea robotics and software solutions, today announced receipt of a Nasdaq delisting notification.
On October 16, 2025, the Company received a written notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company was not in compliance with the requirement to maintain a minimum Market Value of Listed Securities ("MVLS") of $35 million (the "Listing Requirement") as set forth in Nasdaq Listing Rule 5550(b)(2).
The Nasdaq notice has no immediate effect on the listing or trading of the Company's common stock. The Company intends to timely request a hearing before the Nasdaq Hearings Panel, which will automatically pause any suspension or delisting action pending the hearing. The Company's common stock will continue to trade on The Nasdaq Capital Market under the symbol "KITT" at this time.
Posted In: KITT