Knightscope, Inc. — Form 8-K
Filed September 21, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 82/100
What the filing says
On September 21, 2026, Knightscope filed a prospectus supplement to its Form S-3 registration statement (effective April 11, 2025) covering an at-the-market (ATM) offering of up to $35M in Class A common stock. The offering is conducted under a Sales Agreement with H.C. Wainwright & Co., LLC, originally executed February 1, 2023. This is a legal opinion letter confirming the shares will be validly issued and fully paid.
Why this rating
ATM offering of $35M equals ~102% of company's $34.4M market cap—massively dilutive IF fully deployed. However, ATM offerings are drawn down gradually; near-term impact depends on actual pace of sales, not maximum authorization. Significant dilution risk outweighs neutral mechanics.
Price action (we called it neutral)
before filing · preread $1.14 ▲ 11.76% | at our read · unknown $1.02 | +10 min · unknown $1.07 ▲ 4.90% | +30 min · unknown $1.06 ▲ 4.41% | +1 hr · unknown $1.07 ▲ 5.39% | +4 hrs · unknown $1.13 ▲ 10.29% |
The stock had already moved -10.53% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from September 21, 2026.
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