Knightscope, Inc. (NASDAQ:KSCP) (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that the Company has regained compliance with The Nasdaq Global Market Listing Rule 5450(b)(2)(A) (the “Rule”).
On March 29, 2023, Staff notified the Company that it had failed to maintain a minimum market value of listed securities of $50,000,000 over the previous 30 consecutive business days as required by the Rule. Since then, Staff has determined that for the last 10 consecutive business days, from July 7, through July 20, 2023, the Company’s market value of listed securities has been $50,000,000 or greater and this matter is now closed.
