On May 20, 2024, Nauticus Robotics, Inc. (the "Company") entered into an At the Market Offering Agreement (the "Agreement") with H.C. Wainwright & Co., LLC ("H.C. Wainwright"). Pursuant to the Agreement, the Company may issue and sell shares of common stock through HC Wainwright in an at-the-market offering. The Company agrees to pay the costs and expenses of H.C. Wainwright and a broker fee of 3% of the gross sales price of the shares sold pursuant to the Agreement. The Agreement contains other terms and conditions that are usual and customary for a transaction of this type. Contemporaneously with the entry into the Agreement, the Company filed a prospectus supplement with the Securities and Exchange Commission describing the terms of the at-the-market offering.
Nauticus Robotics Inked a Deal with H.C. Wainwright & Co to Sell Shares Under At the Market Offering
Company Profile
Mon. 20 May 2024, 6:26am ET
Benzinga
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