Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from Knightscope Inc Class A (KSCP) is now available.
Knightscope, Inc. struck a deal with Alto Opportunity Master Fund on October 10, 2022, issuing convertible notes and warrants to purchase over a million shares of common stock. These financial instruments had a special adjustment feature to maintain their value after any new stock issuances. By August 2024, Knightscope exchanged these warrants for a new $3 million promissory note, with a payback structure set in installments, and a security interest granted in the company’s assets. All previous agreements were fulfilled and terminated, except for indemnification obligations, while the new agreements came with a suite of standard financial terms and conditions.
For an in-depth examination of KSCP stock, go to TipRanks’ Stock Analysis page.