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

Issuer:     Knightscope, Inc. (KSCP)
CIK:        0001600983
Form:       8-K
Filed at:   2024-09-16T23:59:59+00:00
Accession:  0001104659-24-099977
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knightscope effects 1-for-50 reverse stock split of Class A and Class B common stock
--------------------------------------------------------------------------------

- Board selected 1-for-50 ratio on Sept 4, 2024; filed Certificates of Amendment on Sept 13, 2024.
- Reverse split effective at 5:00 p.m. ET on Sept 13, 2024; other amendments effective upon filing.
- Also authorized 40M shares of blank check preferred stock and implemented officer exculpation provisions.
- Exclusive forum provisions added for certain stockholder claims.
- Abandoned all other reverse split ratios (range was 1-for-5 to 1-for-50).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600983/000110465924099977/0001104659-24-099977-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600983/000110465924099977/tm2423897d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-099977

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