other material
confidence high
sentiment neutral
materiality 0.50
Knightscope raises $1.7M in registered direct offering of 625,000 shares at $2.75/share
Knightscope, Inc.
- Gross proceeds of ~$1.7M from sale of 625,000 Class A common shares at $2.75/share to institutional investor.
- Offering closed March 31, 2025; net proceeds for working capital and general corporate purposes.
- H.C. Wainwright acted as placement agent, receiving 6.0% cash fee plus $65,950 in expenses.
- Company agreed to 60-day issuance restriction and 6-month ban on variable rate transactions.
- No other material business updates or guidance changes disclosed.