Knightscope Launches $10M Public Safety Infrastructure Bond Offering
Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today announces a $10 million Public Safety Infrastructure Bond Offering where the public may fight crime with their investment portfolio.
- Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today announces a $10 million Public Safety Infrastructure Bond Offering where the public may fight crime with their investment portfolio.
- View the full release here: https://www.businesswire.com/news/home/20231025559664/en/
Knightscope Launches $10M Public Safety Infrastructure Bond Offering (Photo: Business Wire)
“It is our view that retail investors are often precluded from participating in high-yield debt offerings made by publicly traded companies and we hope to begin to address that injustice through this bond offering. - Simultaneously, this can provide semi-permanent long-term growth capital in a non-dilutive form to continue to fuel Knightscope’s growth,” said William Santana Li, Chairman and CEO, Knightscope, Inc.
- The Company is offering 10% interest, paid in cash annually, on up to a 5-year bond.