Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, announced that it has regained full compliance with Nasdaq’s listing standards. On May 11, 2023, Knightscope received notification that its Class A common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days. Nasdaq has since determined that for the last 10 consecutive business days, from July 11 to July 24, 2023, the closing bid price of the company’s Class A common stock has been at $1.00 per share or greater.
The announcement reads, “Accordingly, the company has regained compliance with Listing Rule 5450(a)(1). As announced last week, Knightscope also complied with Nasdaq Listing Rule 5450(b)(2)(A) with the company’s market value of listed securities maintaining $50,000,000 or greater. Achieving both listing standards places Knightscope in good standing with Nasdaq and both matters are now closed.”
To view the full press release, visit https://ibn.fm/jm9Hr
About Knightscope, Inc.
Knightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. For more information, visit the company’s website at www.knightscope.com.
NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/KSCP
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