---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-045114"
form_type: "8-K"
ticker: "KSCP"
cik: "0001600983"
company_name: "Knightscope, Inc."
filed_at: "2022-04-12T23:59:59+00:00"
generated_at: "2026-06-26T07:57:45.950145+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Knightscope amends $100M equity purchase agreement with B. Riley; defines revised purchase mechanics

## Summary
- Amendment No.1 to April 4 Purchase Agreement redefines VWAP purchase periods, volume maximums, and minimum price thresholds.
- Company retains right to sell up to $100M of Class A common stock to B. Riley at a 3.0% discount to VWAP over 24 months.
- Exchange Cap set at 6,847,787 shares (19.99% of outstanding pre-agreement); 98,888 commitment shares issued upfront.
- Proceeds intended for technology development, machine-in-network expansion, and general corporate purposes.
- B. Riley covenants no short sales or hedging during the term.

## SEC filing metadata
- accession: 0001104659-22-045114
- form_type: 8-K
- ticker: KSCP
- cik: 0001600983
- company_name: Knightscope, Inc.
- filed_at: 2022-04-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600983/000110465922045114/0001104659-22-045114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600983/000110465922045114/tm2212514d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-045114
- JSON: https://secwatch.observer/filing/0001104659-22-045114.json
- Plain text: https://secwatch.observer/filing/0001104659-22-045114.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.