Knightscope Announces $1.7 Million Registered Direct Offering of Common Stock
Knightscope (NASDAQ: KSCP), an autonomous security robots and AI technologies company, has announced a registered direct offering of 625,000 common stock shares at $2.75 per share, expecting to raise approximately $1.7 million in gross proceeds.
The offering is scheduled to close around March 31, 2025, subject to customary closing conditions. H.C. Wainwright & Co. serves as the exclusive placement agent. The company plans to utilize the net proceeds for working capital and general corporate purposes.
The offering is being conducted under a previously filed and effective shelf registration statement on Form S-3, with a prospectus supplement to be filed with the SEC.
Knightscope (NASDAQ: KSCP), un'azienda specializzata in robot di sicurezza autonomi e tecnologie AI, ha annunciato un offerta diretta registrata di 625.000 azioni ordinarie a 2,75 $ per azione, con l'aspettativa di raccogliere circa 1,7 milioni di dollari in proventi lordi.
L'offerta è prevista per chiudere intorno al 31 marzo 2025, soggetta alle consuete condizioni di chiusura. H.C. Wainwright & Co. funge da agente di collocamento esclusivo. L'azienda prevede di utilizzare i proventi netti per il capitale circolante e scopi aziendali generali.
L'offerta è condotta sotto una dichiarazione di registrazione a scaffale precedentemente depositata ed efficace sul modulo S-3, con un supplemento di prospetto che sarà depositato presso la SEC.
Knightscope (NASDAQ: KSCP), una empresa de robots de seguridad autónomos y tecnologías de IA, ha anunciado una oferta directa registrada de 625,000 acciones ordinarias a $2.75 por acción, esperando recaudar aproximadamente $1.7 millones en ingresos brutos.
Se espera que la oferta cierre alrededor del 31 de marzo de 2025, sujeta a las condiciones de cierre habituales. H.C. Wainwright & Co. actúa como el agente de colocación exclusivo. La empresa planea utilizar los ingresos netos para capital de trabajo y fines corporativos generales.
La oferta se lleva a cabo bajo una declaración de registro de estante previamente presentada y efectiva en el formulario S-3, con un suplemento de prospecto que se presentará ante la SEC.
나이츠스코프 (NASDAQ: KSCP), 자율 보안 로봇 및 AI 기술 회사가 등록 직접 공모로 625,000주를 주당 2.75 달러에 제공한다고 발표했으며, 약 170만 달러의 총 수익을 올릴 것으로 예상하고 있습니다.
이 공모는 2025년 3월 31일경에 마감될 예정이며, 일반적인 마감 조건에 따릅니다. H.C. Wainwright & Co.가 독점 배치 대행사로 활동합니다. 회사는 순수익을 운영 자본 및 일반 기업 목적에 사용할 계획입니다.
이 공모는 이전에 제출되고 유효한 S-3 양식의 선반 등록 명세서에 따라 진행되며, SEC에 제출될 보충 설명서가 있습니다.
Knightscope (NASDAQ: KSCP), une entreprise de robots de sécurité autonomes et de technologies d'IA, a annoncé une offre directe enregistrée de 625 000 actions ordinaires à 2,75 $ par action, s'attendant à lever environ 1,7 million de dollars de recettes brutes.
L'offre devrait se clôturer autour du 31 mars 2025, sous réserve des conditions de clôture habituelles. H.C. Wainwright & Co. agit en tant qu'agent de placement exclusif. L'entreprise prévoit d'utiliser les produits nets pour le fonds de roulement et des fins d'entreprise générales.
L'offre est réalisée dans le cadre d'une déclaration d'enregistrement de shelf précédemment déposée et effective sur le formulaire S-3, avec un supplément de prospectus qui sera déposé auprès de la SEC.
Knightscope (NASDAQ: KSCP), ein Unternehmen für autonome Sicherheitsroboter und KI-Technologien, hat ein registriertes Direktangebot von 625.000 Stammaktien zu 2,75 $ pro Aktie angekündigt, mit der Erwartung, etwa 1,7 Millionen $ an Bruttoerlösen zu erzielen.
Das Angebot soll voraussichtlich um den 31. März 2025 abgeschlossen werden, vorbehaltlich der üblichen Abschlussbedingungen. H.C. Wainwright & Co. fungiert als exklusiver Platzierungsagent. Das Unternehmen plant, die Nettoerlöse für Betriebskapital und allgemeine Unternehmenszwecke zu verwenden.
Das Angebot erfolgt im Rahmen einer zuvor eingereichten und wirksamen Shelf-Registrierungserklärung auf Formular S-3, mit einem Prospektzusatz, der bei der SEC eingereicht wird.
- Secured $1.7M in additional funding through registered direct offering
- Working with established placement agent H.C. Wainwright & Co.
- Potential dilution for existing shareholders through issuance of 625,000 new shares
- Relatively small offering size may indicate investor interest
- Net proceeds will be lower after deducting placement agent fees and expenses
Insights
Knightscope's $1.7 million registered direct offering represents a concerning capital raise that signals significant financial pressure on the company. The offering price of
This financing will dilute existing shareholders by issuing 625,000 new shares, representing approximately
The vague allocation of proceeds for "working capital and general corporate purposes" rather than specific growth initiatives further suggests this may be a defensive capital raise to shore up the balance sheet rather than fuel expansion. When companies need to accept such unfavorable terms for relatively modest capital infusions, it typically reflects underlying financial stress.
H.C. Wainwright's involvement as placement agent adds some legitimacy to the transaction, but doesn't offset the concerning implications of the pricing and structure. Investors should carefully evaluate whether this financing pattern indicates deeper operational challenges that could lead to additional dilutive events in the future.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
The gross proceeds to the Company from the offering are expected to be approximately
The securities described above are being offered and sold by the Company pursuant to a “shelf” registration statement on Form S-3 (Registration No. 333-269493), including a base prospectus, previously filed with the Securities and Exchange Commission (“SEC”) on February 1, 2023, and declared effective by the SEC on February 8, 2023. The offering of the securities is being made only by means of a prospectus supplement that forms a part of such registration statement. A prospectus supplement and accompanying base prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov.
Electronic copies of the prospectus supplement and accompanying base prospectus may also be obtained, when available, by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor,
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About Knightscope
Knightscope is transforming public safety with cutting-edge robotics and AI technologies. From autonomous security robots to advanced detection systems, Knightscope is committed to building safer communities where you live, work, study and visit. Our long-term ambition is bold but simple: to make
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by the use of words such as "should," "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," "proposes" and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company’s goals, profitability, growth, prospects, reduction of expenses, and outlook. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements, including the factors discussed under the heading "Risk Factors" in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2023, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.
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Public Relations
Drew McDowell
press@yourwashingtonoffice.com
Knightscope, Inc.
(650) 924-1025 ext. 6
Source: Knightscope, Inc.
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