Schlumberger Files 13D/A Amendment on Nauticus Robotics

TL;DR

Schlumberger updated its 13D filing for Nauticus Robotics, watch this space.

AI Summary

Schlumberger Limited/NV has filed an amendment to its Schedule 13D, indicating a change in its beneficial ownership of Nauticus Robotics, Inc. as of April 8, 2024. The filing details Schlumberger's holdings and intentions regarding Nauticus Robotics, a company focused on general industrial machinery and equipment.

Why It Matters

This filing provides insight into Schlumberger's stake and potential influence over Nauticus Robotics, a company in the industrial equipment sector.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can signal shifts in control or investment strategy, impacting the target company's stock.

Key Players & Entities

• Schlumberger Limited/NV (company) — Filer of the SC 13D/A amendment
• Nauticus Robotics, Inc. (company) — Subject company of the filing
• 20240408 (date) — Date of the filing and change of information

FAQ

Key Financial Figures

• $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti

Filing Documents

• d814583dsc13da.htm (SC 13D/A) — 74KB
• 0001193125-24-089644.txt ( ) — 77KB

of this

Item 4 of this Schedule 13D is supplemented and superseded, as the case may be, as follows: On April 4, 2024, the parties to the Agreement and Plan of Merger (the 3D Merger Agreement), dated as of October 2, 2023, by and among the Issuer, Merger Sub, and 3D mutually agreed to terminate the 3D Merger Agreement (the Termination). As a result of the Termination, the previously disclosed Director Designation Letter Agreement and Company Stockholder Support Agreement were terminated. Item5. Interest in Securities of the Issuer

of the Schedule 13D is hereby amended and restated as follows

Item 5 of the Schedule 13D is hereby amended and restated as follows: (a) As of the date hereof, STC directly holds 8,682,920 shares of Common Stock, constituting approximately 17.4% of the outstanding shares of Common Stock, based on 50,035,824 shares of Common Stock outstanding as of November 14, 2023, as reported in the Issuers Form 10-Q filed with the SEC on November 14, 2023. Since SHC controls STC, it is deemed to beneficially own the shares of Common Stock held directly by STC. Since SBV controls SHC, it is deemed to beneficially own the shares of Common Stock held directly by STC. Since SLB controls SBV, it is deemed to beneficially own the Common Stock held directly by STC. Such beneficial ownership excludes 1,981,164 additional shares of Common Stock that STC has the right to receive if, on or before December 16, 2026, the Common Stock meets or exceeds certain target prices as set forth in the Merger Agreement. (b) SLB, SBV, SHC and STC have shared voting power and shared dispositive power over the shares of Common Stock held directly by STC. (c) There have been no transactions in the shares of Common Stock effected by the Reporting Persons in the past 60 days. (d) The Reporting Persons have the right to receive distributions from, or proceeds from the sale of, the Common Stock reported herein. Except as set forth in the preceding sentence, no other person is known by the Reporting Persons to have the right to receive or the power to direct the receipt of distributions from, or the proceeds from the sale of, Common Stock beneficially owned by the Reporting Persons. (e) Not applicable. Item6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

of this Schedule 13D is supplemented and superseded, as the case may be, as follows

Item 6 of this Schedule 13D is supplemented and superseded, as the case may be, as follows: The information in Item 4 is incorporated herein by reference.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this Schedule 13D is true, complete, and correct. Date: April 8, 2024 Schlumberger N.V. (Schlumberger Limited) By: /s/ Samantha Blons Name: Samantha Blons Title: Assistant Secretary Schlumberger B.V. By: /s/ Eileen Hardell Name: Eileen Hardell Title: Secretary Schlumberger Holdings Corporation By: /s/ Jeanne Morrissette Name: Jeanne Morrissette Title: Treasurer Schlumberger Technology Corporation By: /s/ Arindam Bhattacharya Name: Arindam Bhattacharya Title: Vice President

View Full Filing

View this SC 13D/A filing on SEC EDGAR