An investigation on behalf of investors in Nauticus Robotics, Inc. (NASDAQ: KITT) shares over potential wrongdoing at Nauticus Robotics, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 06/20/2023 -- Certain directors of Nauticus Robotics, Inc. are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of Nauticus Robotics, Inc. (NASDAQ: KITT) shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Nauticus Robotics, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Webster, TX based Nauticus Robotics, Inc. develops and provides ocean robots, software, and services to the ocean industry. Nauticus Robotics, Inc. reported that its annual Total Revenue rose from $8.59 million in 2021 to $11.43 million in 2022, and that its Net Loss increased from $15.12 million in 2021 to $28.26 million in 2022.
Shares of Nauticus Robotics, Inc. (NASDAQ: KITT) declined from $13 per share in September 2022, to $1.70 per share in May 2023.
Those who purchased shares of Nauticus Robotics, Inc. (NASDAQ: KITT), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About:
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.