Nauticus Robotics, Inc. recently disclosed a material weakness in its internal control over financial reporting. The issue relates to a lack of qualified accounting and financial reporting personnel with sufficient experience, as well as inadequate procedures for the accounting close process, including delays in obtaining information supporting significant accounting estimates and judgments. This material weakness was previously reported in the company's annual report for the fiscal year ended December 31, 2024. Despite this issue, the company reported no disagreements with its outgoing auditor, Whitley Penn LLP, and has appointed Withum, Smith & Brown P.C. as its new independent registered public accounting firm for the fiscal year ending December 31, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nauticus Robotics, Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001849820-25-000318), on December 23, 2025, and is solely responsible for the information contained therein.
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