MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Knightscope, Inc., developer of advanced physical security technologies focused on significantly enhancing U.S. security operations, announced today that it is offering up to 6,250,000 Series S Preferred Shares at $8.00 per share targeting to raise up to $50 million in growth capital.
“Self-driving technology, robotics and artificial intelligence are bringing positive and material change to the world,” said William Santana Li, chairman and chief executive officer of Knightscope. “Knightscope’s fully autonomous security robots have already logged numerous crime-fighting wins for clients across the country utilizing a unique combination of these technologies. We look forward to further scaling our operations nationwide with an eye towards achieving profitability.”
Knightscope is a private company and its stock is not freely tradable. The Company does file certain periodic reports with the SEC under Regulation A of the Securities Act of 1933, which are available on the EDGAR website and which provide additional information about the Company, including its financial statements. These filings may be found here.
Knightscope is an advanced security technology company based in Silicon Valley and builds the ultimate in security guards. Our security robots deter, detect and report…autonomously. Our long-term ambitious goal is to make the United States of America the safest country in the world, changing everything for everyone. Learn more at www.knightscope.com.
Knightscope and www.knightscope.com are operated by Knightscope, Inc. Investment opportunities are “private placements”, are subject to long hold periods, are illiquid investments and investors must be able to afford the loss of their entire principal. Offers to buy or sell any security can only be made through official offering and subscription documents that contain important information about risks, fees and expenses. You should conduct your own due diligence including consultation with a financial advisor, attorney, accountant, or other professional that can help you to understand the risks associated with the investment opportunity. Security transactions are administered by WealthForge Securities, LLC, a registered broker/dealer and member FINRA/SIPC. Knightscope and WealthForge Securities, LLC are not affiliated.
This release may contain forward-looking statements regarding projected business performance, operating results, financial condition and other aspects of the company, expressed by such language as “expected,” “anticipated,” “projected” and “forecasted.” These statements also include estimates of the pace of customer adoption of the Company’s products, engineering developments and prototype capabilities. Please be advised that such statements are estimates only and there is no assurance that the results stated or implied by forward-looking statements will actually be realized by the company. Forward-looking statements may be based on management assumptions that prove to be wrong. The Company’s predictions may not be realized for a variety of reasons, including due to competition, customer sales cycles, and engineering or technical issues, among others. The Company and its business are subject to substantial risks and potential events beyond its control that would cause material differences between predicted results and actual results, including the company incurring operating losses and experiencing unexpected material adverse events.