Knightscope Regains Full Compliance with Nasdaq Listing Standards
Knightscope, Inc. [Nasdaq: KSCP], a company focused on robotics and artificial intelligence technologies for public safety, has announced that it has regained full compliance with Nasdaq's listing standards. The company received a letter from Nasdaq on October 1, 2024, confirming its compliance with the minimum bid price requirement.
Previously, on June 4, 2024, Knightscope was granted an extension by a Nasdaq Hearings Panel to comply with Listing Rule 5550(a)(2), which required the company to maintain a minimum bid price of $1 per share for at least 10 consecutive trading days. The company successfully met this requirement from September 16, 2024, through September 30, 2024, leading to the closure of the compliance matter.
Knightscope, Inc. [Nasdaq: KSCP], un'azienda focalizzata su tecnologie di robotica e intelligenza artificiale per la sicurezza pubblica, ha annunciato di aver riacquisito la piena conformità agli standard di quotazione di Nasdaq. L'azienda ha ricevuto una lettera da Nasdaq il 1° ottobre 2024, confermando la sua conformità al requisito minimo del prezzo di offerta.
In precedenza, il 4 giugno 2024, Knightscope aveva ottenuto un'estensione da un Comitato di Ascolto di Nasdaq per conformarsi alla Regola di Quotazione 5550(a)(2), che richiedeva all'azienda di mantenere un prezzo di offerta minimo di $1 per azione per almeno 10 giorni di negoziazione consecutivi. L'azienda ha soddisfatto con successo questo requisito dal 16 settembre 2024 al 30 settembre 2024, portando alla chiusura della questione di conformità.
Knightscope, Inc. [Nasdaq: KSCP], una empresa centrada en tecnologías de robótica e inteligencia artificial para la seguridad pública, ha anunciado que ha recuperado el cumplimiento completo con los estándares de cotización de Nasdaq. La empresa recibió una carta de Nasdaq el 1 de octubre de 2024, confirmando su cumplimiento con el requisito del precio mínimo de oferta.
Anteriormente, el 4 de junio de 2024, Knightscope recibió una prórroga de un Panel de Audiencias de Nasdaq para cumplir con la Regla de Cotización 5550(a)(2), que requería que la empresa mantuviera un precio mínimo de oferta de $1 por acción durante al menos 10 días de negociación consecutivos. La empresa cumplió con este requisito con éxito desde el 16 de septiembre de 2024 hasta el 30 de septiembre de 2024, lo que llevó al cierre del asunto de cumplimiento.
Knightscope, Inc. [Nasdaq: KSCP], 공공 안전을 위한 로봇 공학 및 인공지능 기술에 집중하는 회사는 나스닥 상장 기준에 완전히 부합하게 되었다고 발표했습니다. 회사는 2024년 10월 1일에 나스닥으로부터 최소 입찰 가격 요건을 준수하고 있다는 확인서를 받았습니다.
이전에, 2024년 6월 4일에 Knightscope는 나스닥 심사위원회로부터 제5550(a)(2) 상장 규정을 준수하기 위한 기한 연장을 허가 받았으며, 이는 회사가 최소 $1의 주당 입찰 가격을 최소 10일 연속 거래해야 한다는 요구 사항이었습니다. 회사는 이 요건을 2024년 9월 16일부터 9월 30일까지 성공적으로 충족시켜 이행 문제를 종료했습니다.
Knightscope, Inc. [Nasdaq: KSCP], une entreprise axée sur les technologies de robotique et d'intelligence artificielle pour la sécurité publique, a annoncé qu'elle a récupéré sa pleine conformité aux normes de cotation de Nasdaq. L'entreprise a reçu une lettre de Nasdaq le 1er octobre 2024, confirmant sa conformité avec l'exigence du prix d'offre minimum.
Auparavant, le 4 juin 2024, Knightscope avait obtenu une prolongation d'un Panel d'Auditions de Nasdaq pour respecter la Règle de Cotation 5550(a)(2), qui exigeait que l'entreprise maintienne un prix d'offre minimum de 1 $ par action pendant au moins 10 jours de négociation consécutifs. L'entreprise a répondu avec succès à cette exigence du 16 septembre 2024 au 30 septembre 2024, ce qui a conduit à la clôture de la question de conformité.
Knightscope, Inc. [Nasdaq: KSCP], ein Unternehmen, das sich auf Robotik- und Künstliche Intelligenztechnologien für die öffentliche Sicherheit konzentriert, hat angekündigt, dass es die volle Einhaltung der Zulassungsstandards von Nasdaq wiedererlangt hat. Das Unternehmen erhielt am 1. Oktober 2024 ein Schreiben von Nasdaq, das die Einhaltung des Mindestgebotspreis-Anforderns bestätigt.
Zuvor, am 4. Juni 2024, erhielt Knightscope eine Fristverlängerung von einem Nasdaq-Anhörungsausschuss, um die Zulassungsregel 5550(a)(2) einzuhalten, die von dem Unternehmen verlangte, einen mindestens $1 Gebotspreis pro Aktie für mindestens 10 aufeinanderfolgende Handelstage aufrechtzuerhalten. Das Unternehmen erfüllte diese Anforderung erfolgreich vom 16. September 2024 bis zum 30. September 2024, was zur Schließung des Compliance-Themas führte.
- Regained compliance with Nasdaq listing standards
- Maintained minimum bid price of $1 per share for required period
- Avoided potential delisting from Nasdaq
- None.
Insights
Knightscope's regaining of compliance with Nasdaq's listing standards is a positive development for the company. This news removes the immediate threat of delisting, which could have severely impacted investor confidence and the company's ability to raise capital. However, it's important to note that this compliance was achieved just before the deadline, indicating the company was struggling to maintain the required
While this news doesn't directly impact Knightscope's financial performance or operations, it does provide stability for the stock and potentially improves its attractiveness to institutional investors who may have been hesitant due to the delisting risk. The extended period of low stock price suggests ongoing challenges for the company, possibly related to its business model or market conditions in the robotics and AI security sector.
Investors should view this as a necessary step for Knightscope's continued market presence, but not necessarily as an indicator of improved fundamental performance. The focus should now shift to the company's ability to maintain this compliance and, more importantly, its progress in achieving profitability and market adoption of its technologies.
Knightscope Regains Full Compliance with Nasdaq Listing Standards (Graphic: Business Wire)
As previously disclosed, on June 4, 2024, a Nasdaq Hearings Panel granted the Company an extension to comply with the Listing Rule 5550(a)(2), which required the Company to maintain a minimum bid price of
About Knightscope
Knightscope builds cutting-edge technologies to improve public safety, and our long-term ambition is to make
View source version on businesswire.com: https://www.businesswire.com/news/home/20241002847270/en/
Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025
Source: Knightscope, Inc.
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