Knightscope, which provides autonomous security and surveillance robots, raised $22 million by offering 2.2 million shares at $10. The company had filed to offer up to a maximum of 4.0 million shares at that price.
Because the offering was made on a "best efforts" basis rather than a firm commitment offering, the deal will be excluded from Renaissance Capital's 2022 IPO stats.
Knightscope plans to list on the Nasdaq under the symbol KSCP. Digital Offering, LLC, acted as the lead managing selling agent and sole bookrunner for the offering.
