other material
confidence high
sentiment neutral
materiality 0.75
Knightscope prices $12.1M public offering of 1.21M shares at $10/share
Knightscope, Inc.
- Priced 1,210,000 shares of Class A common stock (or pre-funded warrants) at $10.00 per share for gross proceeds of $12.1M.
- Offering expected to close on or about November 25, 2024; underwriter granted 30-day option for up to 181,500 additional shares (~$1.8M).
- Net proceeds to be used for general corporate purposes including working capital.
- Pre-funded warrants exercise price $0.001 per share, immediately exercisable until fully exercised.
- Titan Partners Group is sole bookrunner for the offering.