Knightscope, a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced the commencement of its offering of up to $40 million of Class A common stock, with shares to be listed under the ticker symbol KSCP immediately following closing on the Nasdaq Global Market (“NASDAQ”). According to the update, Digital Offering LLC will act as the lead managing selling agent and sole bookrunner for the offering of up to 4 million shares, each priced at $10. Subject to market conditions, the offering can be purchased through multiple broker-dealers for a planned selling period of approximately 30 to 45 days. “On this important day, I wish to take a moment to thank the absolutely relentless team at Knightscope and our 28,000+ investors for their unwavering support,” said Knightscope chairman and CEO William Santana Li. “We are committed more than ever to our mission of making the United States of America the safest country in the world. We need to provide the brave women and men in uniform, on our own soil, cutting-edge technology to help them make smarter, faster and safer decisions. They deserve only the best and so does every community in our great Nation, as we work to reimagine public safety, together.”
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About Knightscope
Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots (“ASRs”) that deter, detect and report. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information, visit the company’s website at www.Knightscope.com.
NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/Knight
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