Knightscope Regains Full Compliance with Nasdaq Listing Standards

MOUNTAIN VIEW, Calif.โ€“ October 2nd, 2024 โ€”Knightscope, Inc. [NASDAQ: KSCP/quote">NASDAQ: KSCP] (โ€œKnightscopeโ€ or the โ€œCompanyโ€), an innovator in robotics and artificial intelligence (โ€œAIโ€) technologies focused on public safety, today announces that it received a letter from The Nasdaq Stock Market LLC (โ€œNasdaqโ€) on October 1, 2024, confirming that the Company has regained compliance with the Nasdaqโ€™s minimum bid price requirement.

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 $1 per share for a minimum of 10 consecutive trading days to regain compliance. On October 1, 2024, Nasdaq notified the Company that from September 16, 2024, through September 30, 2024, the Companyโ€™s minimum bid price was $1.00 per share or higher and, accordingly, the Company regained compliance with the minimum bid price requirement and that the matter was now closed.

About Knightscope

Knightscope builds cutting-edge technologies to improve public safety, and our long-term ambition is to make the United States of America the safest country in the world. Learn more about us atย www.knightscope.com.

Contacts

Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025

Featured Image @ Business Wire

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