---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-086770"
form_type: "8-K"
ticker: "KSCP"
cik: "0001600983"
company_name: "Knightscope, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:46:22.182812+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Knightscope issues $3M secured note to Alto Fund; terminates prior convertible notes and warrants

## Summary
- Issued $3M senior secured promissory note due July 1, 2025; no interest (default 10% per annum).
- Repayment: $2.5M in 11 monthly installments starting Sep 1, 2024; $500K due by Oct 15, 2024 or upon equity issuance.
- Holder surrendered 2022 warrants; prior 2022 convertible notes, purchase agreement, and registration rights terminated (except indemnification).
- Company granted security interest in substantially all assets to secure the note.
- Mutual release between company/CEO and Holder (Alto, Waqas Khatri, Ayrton Capital); non-disparagement clause.

## SEC filing metadata
- accession: 0001104659-24-086770
- form_type: 8-K
- ticker: KSCP
- cik: 0001600983
- company_name: Knightscope, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600983/000110465924086770/0001104659-24-086770-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600983/000110465924086770/tm2421114d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-086770
- JSON: https://secwatch.observer/filing/0001104659-24-086770.json
- Plain text: https://secwatch.observer/filing/0001104659-24-086770.txt

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