Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, recently announced that it raised $22,366,190 through the sale of 2,236,619 shares of its Class A Common Stock priced at $10.00 per share. Digital Offering LLC acted as the lead managing selling agent and sole bookrunner for the offering.
“As pioneers in Regulation A+ and the JOBS Act for years, having developed a methodology that allows companies to reach a diverse audience of investors and trade on a National Securities Exchange, we are thrilled to be a part of this historic moment as Knightscope leads us into exciting new territory where companies that utilized Regulation A+ for their initial capital raises can graduate to National Securities Exchanges to access the capital markets while providing liquidity to the initial supporters and investors,” said Digital Offering LLC managing director Mark Elenowitz in yesterday’s press release.
Knightscope CEO and chairman William Santana Li stated, “We’ve brought on thousands and thousands of new investors in Knightscope as we embark on the second chapter of a very long book in helping to make the United States of America the safest country in the world. I am forever grateful for our relentless team and the 28,000-plus investors that helped write the first chapter in our journey – a heartfelt and sincere thank you.”
Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.
NOTE TO INVESTORS: The latest news and updates relating to Knight are available in the company’s newsroom at https://ibn.fm/Knight
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