secwatch.observer — SEC 8-K summary
======================================

Issuer:     Knightscope, Inc. (KSCP)
CIK:        0001600983
Form:       8-K
Filed at:   2024-04-26T23:59:59+00:00
Accession:  0001104659-24-052958
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Knightscope receives Nasdaq delisting notice for bid price non-compliance; suspension possible May 3
--------------------------------------------------------------------------------

- Nasdaq staff determined Knightscope failed to regain minimum $1.00 bid price by April 23, 2024.
- Company is ineligible for another 180-day extension due to not meeting minimum stockholders' equity requirement.
- Trading of KSCP common stock will be suspended at open on May 3, unless a hearing is requested by May 1.
- Company intends to request a hearing to stay delisting and plans to propose a reverse stock split to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600983/000110465924052958/0001104659-24-052958-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600983/000110465924052958/tm2412651d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-052958

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