01:35 PM EDT, 09/02/2025 (MT Newswires) -- Nauticus Robotics ( KITT ) said Tuesday it will implement a one-for-9 reverse stock split of its common stock effective Friday, following approval by its board and stockholders.

The split-adjusted shares will begin trading on the Nasdaq Capital Market on Friday and is intended to increase its share price to comply with the minimum bid price requirement, the company said.

Shares of Nauticus Robotics ( KITT ) were down more than 25% in recent Tuesday trading.

Price: 0.67, Change: -0.24, Percent Change: -26.17