Autonomous Security Robot Developer Now Backed by Over 9,000 Investors
New Technologies Sought to Enhance Safety and Security During Global Pandemic
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--#SecurityRobot--Knightscope, Inc., a developer of advanced physical security technologies utilizing fully autonomous robots focused on enhancing U.S. security operations, announced today that its Regulation A+ Investment Offering will close on Monday, July 20, 2020. Investors have less than 54 days to finalize their investment in Knightscope at the current price of $8 per share.
NEW CONTRACTS DURING PANDEMIC
The New York Police Department reported that commercial burglaries spiked 169% since the coronavirus shutdown. As a result, businesses and public safety practitioners are actively seeking new technologies to augment security programs to further protect and remotely monitor commercial assets. Knightscope recently received a purchase order from the U.S. Federal Government for an undisclosed location and contracts to deploy its Autonomous Security Robots (ASRs) at a shopping center in California and an aviation client in Alaska. “Robots are immune and remote monitoring is likely to see a substantial increase in the marketplace,” said William Santana Li, chairman and chief executive officer, Knightscope, Inc.
OVER 9,000 INVESTORS
To date, over 9,000 investors have purchased shares in Knightscope through several rounds of funding. The Company has raised over $40 million since inception, has contracts from paying clients across the United States in five time zones and has been credited for reducing crime where its ASRs are deployed.
PURCHASING SHARES IN KNIGHTSCOPE
Knightscope is currently accepting accredited and unaccredited investors as well as domestic and international investors from $1,000 to $10M completely online. To learn about purchasing shares in Knightscope or to watch a video describing the opportunity, please visit here. The Offering Circular filed with respect to the Knightscope Reg A+ Offering, which contains important information and disclosures including financial statements and risk factors, is available here.
Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Our long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.
Knightscope and www.knightscope.com are operated by Knightscope, Inc. Investment opportunities in the Reg A+ offering are not a public offering, are private placements, are subject to long hold periods, are illiquid investments and investors must be able to afford the loss of their entire principal. There is no guarantee that Knightscope will register its shares with the SEC or any stock exchange. Offers to buy or sell any security can only be made through official offering and subscription documents that contain important information about risks, fees and expenses. You should conduct your own due diligence including reviewing in detail the Offering Circular and consultation with a financial advisor, attorney, accountant, or other professional that can help you to understand the risks associated with the investment opportunity.
This release may contain forward-looking statements regarding Knightscope’s proposed public listing of its securities and the timing thereof, projected business performance, operating results, financial condition and other aspects of the company, expressed by such language as “expected,” “anticipated,” “projected” and “forecasted.” These statements also include estimates of the pace of customer adoption of the company’s products, engineering developments and prototype capabilities. Please be advised that such statements are intentions or estimates only and there is no assurance that the results stated or implied by forward-looking statements will actually be realized by the company, or that the company will be able to consummate its planned goals (including without limitation, a public listing of its securities). Forward-looking statements may be based on management assumptions that prove to be wrong. The Company’s predictions may not be realized for a variety of reasons, including due to inability to raise a sufficient amount of funds, a lack of marketability for the company’s securities, failure of business operations, competition, customer sales cycles, and engineering or technical issues, among others. The Company and its business are subject to substantial risks and potential events beyond its control that would cause material differences between predicted results and actual results, including the company incurring operating losses and experiencing unexpected material adverse events.
Stacy Dean Stephens, (650) 924-1025