other material
confidence high
sentiment neutral
materiality 0.60
Knightscope shareholders approve reverse stock split and blank check preferred authorization
Knightscope, Inc.
- All four director nominees (Li, Billings, Mocny, Torrie) elected with over 162M votes each.
- Reverse stock split approved for Class A and Class B common stock, ratio 1:5 to 1:50, Board to determine.
- Authorization of 40M shares of blank check preferred stock approved (159.3M for, 4.5M against).
- Ratification of BPM LLP as independent auditor for FY2024 passed with 195.7M votes for.
- Officer exculpation and exclusive forum provisions also approved by shareholders.