NAUTICUS ROBOTICS (KITT) Pushes Term Loan Maturity to January 2028
The subsea robotics firm's lenders agreed to extend its senior secured term loan by more than 16 months and waived maturity-related defaults, with no extension fee.
Nauticus Robotics (KITT) has amended its senior secured term loan to push the maturity date out to January 31, 2028, from a third-anniversary date that would have fallen on September 18, 2026. The Fifth Amendment to the 2023 loan agreement took effect September 14, 2026, and was signed separately with each lender in substantially identical form, alongside a consent from collateral agent ATW Special Situations Management LLC.
