Knightscope 8-K: No New Officer/Director Changes or Compensation
Ticker: KSCP · Form: 8-K · Filed: Jan 12, 2024 · CIK: 1600983
| Field | Detail |
|---|---|
| Company | Knightscope, INC. (KSCP) |
| Form Type | 8-K |
| Filed Date | Jan 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, executive-compensation, officer-changes
TL;DR
**Knightscope reported no new executive changes or compensation updates.**
AI Summary
Knightscope, Inc. filed an 8-K on January 11, 2024, to report that there were no new events regarding the departure or election of directors or officers, nor any new compensatory arrangements for officers. This filing essentially states that there's no new material information to disclose in these specific areas. For investors, this means there are no immediate changes in leadership or executive compensation that could impact the company's strategic direction or financial health, suggesting stability in these areas for now.
Why It Matters
This filing indicates stability in Knightscope's executive leadership and compensation structure, which can be reassuring to investors as it suggests no immediate disruptive changes.
Risk Assessment
Risk Level: low — The filing indicates no new material events, suggesting a stable, low-risk situation regarding executive changes and compensation.
Analyst Insight
A smart investor would note the lack of new information as a sign of current stability in leadership and compensation, but would continue to monitor future filings for any actual changes.
Key Players & Entities
- Knightscope, Inc. (company) — the registrant filing the 8-K
- January 11, 2024 (date) — date of earliest event reported
- Delaware (company) — state of incorporation for Knightscope, Inc.
- 001-41248 (dollar_amount) — Commission File Number
- 46-2482575 (dollar_amount) — IRS Employer Identification No.
- 1070 Terra Bella Avenue Mountain View, California 94043 (company) — address of principal executive offices
- (650) 924-1025 (dollar_amount) — registrant's telephone number
- KSCP (company) — trading symbol for Class A Common Stock
- Nasdaq Global Market (company) — exchange where Class A Common Stock is registered
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on January 11, 2024.
What specific items did Knightscope, Inc. report on in this 8-K filing?
Knightscope, Inc. reported on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as per the Item Information section.
What is the trading symbol and exchange for Knightscope, Inc.'s Class A Common Stock?
The trading symbol for Knightscope, Inc.'s Class A Common Stock is KSCP, and it is registered on the Nasdaq Global Market.
What is Knightscope, Inc.'s state of incorporation?
Knightscope, Inc.'s state of incorporation is Delaware.
What is the business address of Knightscope, Inc. as stated in the filing?
The business address of Knightscope, Inc. is 1070 Terra Bella Avenue, Mountain View, California 94043.
Filing Stats: 633 words · 3 min read · ~2 pages · Grade level 12 · Accepted 2024-01-12 16:10:37
Key Financial Figures
- $0.001 — tered Class A Common Stock, par value $0.001 per share KSCP Nasdaq Global Market
Filing Documents
- tm243262d1_8k.htm (8-K) — 24KB
- tm243262d1_8k.jpg (GRAPHIC) — 4KB
- 0001104659-24-003678.txt ( ) — 206KB
- kscp-20240111.xsd (EX-101.SCH) — 3KB
- kscp-20240111_lab.xml (EX-101.LAB) — 33KB
- kscp-20240111_pre.xml (EX-101.PRE) — 22KB
- tm243262d1_8k_htm.xml (XML) — 3KB
02
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously disclosed in the Current Report on Form 8-K filed on December 6, 2023 (the "December 8-K") by Knightscope, Inc. (the "Company"), on December 1, 2023, Mallorie Burak, President and Chief Financial Officer of the Company and its principal financial officer and principal accounting officer, resigned from her positions at the Company to pursue another professional opportunity, effective as of January 11, 2024 (the "Effective Date"). On the Effective Date, the board of directors of the Company (the "Board") appointed Apoorv S. Dwivedi, 43, as the Executive Vice President and Chief Financial Officer of the Company and designated Mr. Dwivedi as the Company's principal financial officer and principal accounting officer. A description of each of (i) Mr. Dwivedi's business experience, as required to be disclosed by Item 5.02(c)(2) of Form 8-K, and (ii) the compensation that Mr. Dwivedi is entitled to receive pursuant to his employment agreement, as required to be disclosed by Item 5.02(c)(3) of Form 8-K, can be found in the December 8-K, and is incorporated by reference herein. Additionally, on the Effective Date, the Board appointed William Santana Li, 53, the Company's Chairman and Chief Executive Officer, as the President of the Company. Mr. Li has re-assumed his position as the Company's President in addition to his existing duties. A description of Mr. Li's positions with the Company, family relationships, and business experience, in each case as required to be disclosed by Item 5.02(c)(2) of Form 8-K, can be found in the Company's definitive proxy statement in connection with its annual meeting of stockholders, filed on June 8, 2023, and is incorporated by reference herein.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. knightscope, INC. Date: January 12, 2024 By: /s/ William Santana Li Name: William Santana Li Title: Chief Executive Officer and President