Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, announced a targeted close of March 14, 2024, for its public safety infrastructure bond offering. The company is offering 10% interest, paid in cash annually, on up to a 5-year bond.
“Proceeds from this bond offering provide Knightscope non-dilutive growth capital and, at the same time, provide our supporters an attractive return on investment,” said KSCP CEO and Chairman William Santana Li. “It is our view that retail investors are often precluded from participating in high-yield debt offerings made by publicly traded companies. We hope to begin to address that injustice through this bond offering while continuing to scale the company up to profitability.”
To view the full press release, visit https://ibn.fm/ywUZY
About Knightscope, Inc.
Knightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. Knightscope’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/KSCP
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