TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Payment in Full of $6M Convertible Notes
Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has paid in full $6 million in convertible notes. The company announced that the notes, which were fully repaid through conversions to Class A common stock, had been issued when KSCP acquired CASE Emergency Systems in October 2022. According to the announcement, associated warrants to purchase more than 1.1 million shares of class A common stock with an initial exercise price of $3.25 per share remains outstanding. Those warrants are exercisable any time and expire five years from the date the notes were…