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Posted 12 January, 2024

Knightscope, Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:KSCP in a 8-K filed on 12 January, 2024.


  Additionally, on the Effective Date, the Board appointed William Santana Li, 53, the Company's Chairman and Chief Executive Officer, as the President of the Company.  

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Overview of Knightscope, Inc.
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Knightscope, Inc. engages in the provision and development of security technology solutions. Its product portfolio includes the K1 stationary machine, the K3 indoor machine, the K5 outdoor machine, and the K7 multi-terrain four-wheel vehicle. Its machines patrol client sites without the need for remote control to provide a visible, force multiplying, physical security presence to help protect assets, monitor changes in the area, and deter crime. The company was founded by William Santana Li and Stacy Dean Stephens on April 4, 2013 and is headquartered in Mountain View, CA.
Market Cap
$45.4M
View Company Details
Knightscope, Inc. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


As previously disclosed in the Current Report on Form 8-K filed on December 6, 2023 (the "December 8-K") by Knightscope, Inc. (the "Company"), on December 1, 2023, Mallorie Burak, President and Chief Financial Officer of the Company and its principal financial officer and principal accounting officer, resigned from her positions at the Company to pursue another professional opportunity, effective as of January 11, 2024 (the "Effective Date").


On the Effective Date, the board of directors of the Company (the "Board") appointed Apoorv S. Dwivedi, 43, as the Executive Vice President and Chief Financial Officer of the Company and designated Mr. Dwivedi as the Company's principal financial officer and principal accounting officer. A description of each of (i) Mr. Dwivedi's business experience, as required to be disclosed by Item 5.02(c)(2) of Form 8-K, and (ii) the compensation that Mr. Dwivedi is entitled to receive pursuant to his employment agreement, as required to be disclosed by Item 5.02(c)(3) of Form 8-K, can be found in the December 8-K, and is incorporated by reference herein.


Additionally, on the Effective Date, the Board appointed William Santana Li, 53, the Company's Chairman and Chief Executive Officer, as the President of the Company. Mr. Li has re-assumed his position as the Company's President in addition to his existing duties. A description of Mr. Li's positions with the Company, family relationships, and business experience, in each case as required to be disclosed by Item 5.02(c)(2) of Form 8-K, can be found in the Company's definitive proxy statement in connection with its annual meeting of stockholders, filed on June 8, 2023, and is incorporated by reference herein.