Knightscope, Inc. (KSCP): Nasdaq/NYSE listing notice — Knightscope receives Nasdaq notice: bid price below $1.00 for 31 days

Knightscope, Inc.

Notice received Oct 26, 2023 from Nasdaq for non-compliance with Listing Rule 5450(a)(1).
Company has 180 calendar days, until April 23, 2024, to regain compliance with $1.00 bid price.
If not compliant, may transfer to Nasdaq Capital Market for additional 180-day cure period.
No immediate effect on listing or trading; company monitoring options but no assurance of compliance.

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 0.99

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

October 26, 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) (the “Minimum Bid Price Requirement”), as the minimum bid price of the Company’s Class A Common Stock has been below $1.00 per share for the last 31 consecutive business days. 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 April 23, 2024, to regain co

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Knightscope, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-112239

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