Knightscope Inc. Files Prospectus Supplement, Amends April 8 Information; May Offer And Sell Class A Common Stock Up To $11.7M Under Sales Agreement
Portfolio Pulse from Benzinga Newsdesk
Knightscope Inc. has filed a prospectus supplement and amended its April 8 information, indicating it may offer and sell up to $11.7 million in Class A common stock under a sales agreement.
June 07, 2024 | 8:10 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Knightscope Inc. has filed a prospectus supplement and amended its April 8 information, indicating it may offer and sell up to $11.7 million in Class A common stock under a sales agreement.
The potential sale of up to $11.7 million in Class A common stock could lead to dilution of existing shares, which may negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100