---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-131441"
form_type: "8-K"
ticker: "KSCP"
cik: "0001600983"
company_name: "Knightscope, Inc."
filed_at: "2023-01-03T23:59:59+00:00"
generated_at: "2026-06-20T20:52:22.701059+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Knightscope amends convertible note terms; cash covenant reduced to $1.5M through Feb 14, 2023

## Summary
- Minimum Available Cash covenant reduced from $3M to $1.5M from Jan 1 to Feb 14, 2023; reverts to $3M after unless conditions met.
- Conditional waiver allows Company to issue up to $20M unsecured convertible notes (Reg A Bonds) with subordination to existing notes.
- Conversion Price adjusted to 85% of Alternate Conversion Price (was 80%) effective Jan 1, 2023.
- Stockholder approval covenant waived until Feb 28, 2023; holder gets right of first offer for up to $10M Additional Notes.
- Company to reimburse $15,000 in legal fees; must file Form 8-K disclosing terms by next business day.

## SEC filing metadata
- accession: 0001104659-22-131441
- form_type: 8-K
- ticker: KSCP
- cik: 0001600983
- company_name: Knightscope, Inc.
- filed_at: 2023-01-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600983/000110465922131441/0001104659-22-131441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600983/000110465922131441/tm2233801d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-131441
- JSON: https://secwatch.observer/filing/0001104659-22-131441.json
- Plain text: https://secwatch.observer/filing/0001104659-22-131441.txt

## Key facts
- Debt Financings
  Knightscope, Inc. amended convertible notes.
  - Instrument: convertible notes
  - Event: amendment
  source text: On December 30, 2022, the Company and the Buyer entered into an Agreement and Waiver (the “Waiver”) with respect to certain terms of the Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600983/000110465922131441/0001104659-22-131441-index.htm
- Material Agreements
  Knightscope, Inc. entered into Waiver (effective 2022-12-30).
  - Action: entry
  - Effective: 2022-12-30
  source text: On December 30, 2022, the Company and the Buyer entered into an Agreement and Waiver (the “Waiver”) with respect to certain terms of the Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600983/000110465922131441/0001104659-22-131441-index.htm

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