secwatch.observer — SEC 8-K summary
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Issuer:     Knightscope, Inc. (KSCP)
CIK:        0001600983
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0001104659-23-002244
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.05, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knightscope cuts 20% of workforce, $613K charge; CFO Burak named President
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- Workforce reduced by ~20% under cost-reduction plan post-CASE acquisition.
- Estimated $613,400 in charges ($594,600 in Q1 2023); $168,500 cash expected in 2023.
- CFO Mallorie Burak appointed President effective Jan 5, 2023, retains CFO duties.
- Pro forma combined H1 2022 revenue $6.996M vs full-year 2021 revenue $3.407M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600983/000110465923002244/0001104659-23-002244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600983/000110465923002244/tm232656d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-002244

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer