Knightscope Announces Closing of Public Offering

MOUNTAIN VIEW, Calif.–()–Knightscope, Inc., a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced 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. Knightscope expects the stock to begin trading on the Nasdaq under the ticker symbol “KSCP” on January 27, 2022.

“We’ve brought on thousands and thousands of new investors in Knightscope as we embark on the 2nd 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+ investors that helped write the 1st chapter in our journey – a heartfelt and sincere thank you,” said William Santana Li, chairman and CEO, Knightscope, Inc.

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 Mark Elenowitz, Managing Director of Digital Offering.

For additional information on Knightscope, the offering and any other related topics, please review the offering circular that can be found here.

About Knightscope

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.

Forward Looking Statements and Legal Disclaimer

This press release by Knightscope, Inc. (“Knightscope”) contains ”forward-looking statements” about Knightscope’s future expectations, plans, outlook, projections and prospects. These forward-looking statements include, without limitation, statements relating to the listing on the Nasdaq and Regulation A+ offering. In addition, to the extent that the information presented in this press release or incorporated herein discusses financial projections, information, or expectations about Knightscope’s business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking statements. 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.

Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the offering circular filed with the SEC. 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.

The offering was made only by means of an offering circular. An offering statement on Form 1-A relating to these securities has been filed with the U.S. Securities and Exchange Commission and has become qualified, which only means that the company may make sales of the securities described by the offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. The securities offered by Knightscope are highly speculative. Investing in shares of Knightscope involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following the offering, it may not continue.

For additional information on Knightscope, the offering and any other related topics, please reference the offering circular that can be found here. Additional information concerning Risk Factors related to the offering and Knightscope, including those related to the business, government regulations, intellectual property and the offering in general, can be found in the risk factor section of the offering circular.