Knightscope Regains Full Compliance with Nasdaq Listing Standards
October 02 2024 - 9:00AM
Business Wire
Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the
“Company”), an innovator in robotics and artificial intelligence
(“AI”) technologies focused on public safety, today announces that
it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) on
October 1, 2024, confirming that the Company has regained
compliance with the Nasdaq's minimum bid price requirement.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241002847270/en/
Knightscope Regains Full Compliance with
Nasdaq Listing Standards (Graphic: Business Wire)
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 Company’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 at
www.knightscope.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241002847270/en/
Public Relations: Stacy Stephens Knightscope,
Inc. (650) 924-1025
Knightscope (NASDAQ:KSCP)
Historical Stock Chart
From Nov 2024 to Dec 2024
Knightscope (NASDAQ:KSCP)
Historical Stock Chart
From Dec 2023 to Dec 2024