Ocean Robotics Planet Magazine Issue 30

Page 19

NAUTICUS ROBOTICS TO GO PUBLIC VIA SPAC MERGER Nauticus Robotics, Inc. is combining with CleanTech Acquisition Corp. (CLAQ) in a deal that will result in Nauticus becoming a public company. Upon closing of the transaction, CleanTech Acquisition Corp. will be renamed Nauticus Robotics, Inc. listing on Nasdaq under the new ticker symbol “KITT”. Nauticus is expected to have a pro forma equity valuation of $561 million, assuming no redemptions, as reported in the company’s December 2021 definitive agreement announcement.

Courtesy of Nauticus Robotics

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