Nauticus Robotics, Inc. Registration of securities issued in business combination transactions

Registration of securities issued in business combination transactions

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2022

Dec. 31, 2021

Accounting Policies [Abstract]

Schedule of common stock reflected in the balance sheet are reconciled

Gross proceeds		$	172,500,000
Less:
Proceeds allocated to Public Warrants			(6,037,500	)
Proceeds allocated to Public Rights			(3,934,879	)
Issuance costs allocated to common stock			(3,672,335	)
Plus:
Accretion of carrying value to redemption value			15,369,714
Common stock subject to possible redemption		$	174,225,000

Gross proceeds		$	172,500,000
Less:
Proceeds allocated to Public Warrants			(6,037,500	)
Proceeds allocated to Public Rights			(3,934,879	)
Issuance costs allocated to common stock			(3,672,335	)
Plus:
Accretion of carrying value to redemption value			15,369,714
Common stock subject to possible redemption		$	174,225,000

Schedule of basic and diluted net income (loss) per common share

		For the Three Months Ended March 31,
		2022			2021
Basic and diluted net income per share:
Numerator:
Net income		$	1,951,670		$	—
Denominator
Basic weighted average shares outstanding			21,562,500			4,312,500
Basic net income per share of common stock		$	0.09		$	0.00

		For the year ended December 31, 2021				For the period from June 18, 2020 (inception) through December 31, 2020
Basic and diluted net loss per share:
Numerator:
Net loss		$	(595,442	)		$	(1,000	)
Denominator:
Basic weighted average shares outstanding			11,781,678				3,750,000
Basic net loss per share of Common Stock		$	(0.05	)		$	(0.00	)