Holder waives Series C preferred conversion triggers until 2028
Nauticus Robotics received a waiver of the September 30, 2026 triggering event and related 125% conversion premium applicable to Series C preferred shareholders for the period ending December 31, 2027, as the company negotiated additional time to complete the merger with Tricon Capital Group under their definitive agreement.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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