Nauticus Robotics Entered Into A Senior Secured Term Loan Agreement With Existing Stakeholders, Transocean, ATW Partners, Material Impact, And RCB Equities Providing Up To $20M In Secured Term Loans
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Nauticus Robotics has secured a term loan agreement with existing stakeholders Transocean, ATW Partners, Material Impact, and RCB Equities. The agreement provides up to $20M in secured term loans.
September 21, 2023 | 11:37 am
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Transocean, as a stakeholder in Nauticus Robotics, is part of the term loan agreement providing up to $20M.
Transocean's participation in the term loan agreement with Nauticus Robotics indicates a continued investment in the company. However, the direct impact on Transocean's stock price is uncertain in the short term.
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