Knightscope (NASDAQ: KSCP) announced a significant workforce expansion to support its growing technology-enabled security services operations, adding 136 employees across security, supervisory and operations roles. In connection with the hires, the company’s board approved inducement equity awards consisting of options to purchase an aggregate of 732,644 shares of common stock at an exercise price of $2.04 per share, granted in accordance with Nasdaq Listing Rule 5635(c)(4). The expansion is intended to support Knightscope’s growing base of recurring-revenue deployments as it continues to scale its technology-enabled managed security services platform.
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