Knightscope, Inc. (KSCP): Nasdaq/NYSE listing notice — Knightscope receives Nasdaq bid-price deficiency notice for Class A Common Stock

Knightscope, Inc.

On May 11, 2023, Nasdaq notified Knightscope that its stock closed below $1.00/share for 30 consecutive business days.
Company has 180 calendar days (until Nov 7, 2023) to regain compliance by closing at $1.00+ for 10 consecutive days.
If not compliant by Nov 7, Knightscope may transfer to Nasdaq Capital Market for an additional 180-day cure period.
Failure to regain compliance could result in delisting of Class A Common Stock from Nasdaq.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Knightscope, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1)

Exact text from the filing

May 11, 2023, Knightscope, Inc. (the “Company”) received notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company is not in compliance with Nasdaq Listing Rule 5450(a)(1), as the minimum bid price of the Company’s Class A Common Stock has been below $1.00 per share for 30 consecutive business days (the “Minimum Bid Price Requirement”). The notification of noncompliance has no immediate effect on the listing or trading of the Company’s Class A Common Stock on The Nasdaq Global Market. The Company has 180 calendar days, or until November 7, 2023, to regain compliance wi

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Knightscope, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-059859

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