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TinyGemsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Regained Compliance with Nasdaq Listing Standards

July 26, 2023 at 14:50 PM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

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/VIJ6B

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

About TinyGems

TinyGems is your guide to the best and brightest in the under-appreciated small-cap sector. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), TinyGems provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. It’s time to uncover some of the best-kept secrets on Wall Street. TinyGems features innovative small-cap companies with huge potential, putting a spotlight on the best and brightest of these disruptors that have the technology, the talent, the drive, and the business models to make a huge impact in the markets and in portfolios. Whether it’s a game changing technology, a new more profitable product or service, or a star in a hot sector, TinyGems is the go-to source for actionable intelligence.

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