EX1A-12 OPN CNSL 12 v454344_ex12.htm EXHIBIT 12

 

Exhibit 12

 

Knightscope, Inc.

1070 Terra Bella Avenue

Mountain View, CA 94043

 

December    , 2016

 

To the Board of Directors:

 

We are acting as counsel to Knightscope, Inc. (the “Company”) with respect to the preparation and filing of an offering statement on Form 1-A. The offering statement covers the contemplated sale of up to 6,666,666 shares of the Company's Series m Preferred Stock, as well as the Class A Common Stock into which the Series m Preferred Stock may convert.

 

In connection with the opinion contained herein, we have examined the offering statement, the amended and restated certificate of incorporation and bylaws, the minutes of meetings of the Company’s board of directors, as well as all other documents necessary to render an opinion. In our examination, we have assumed the legal capacity of all natural persons, the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified or photostatic copies and the authenticity of the originals of such copies. 

 

Based upon the foregoing, we are of the opinion that the Series m Preferred Stock and the Class A Common Stock into which the Series m Preferred Stock may convert being sold pursuant to the offering statement will be duly authorized and will be, when issued in the manner described in the offering statement, legally and validly issued, fully paid and non-assessable. No opinion is being rendered hereby with respect to the truth and accuracy, or completeness of the offering statement or any portion thereof.

 

We further consent to the use of this opinion as an exhibit to the offering statement. 

 

Yours truly,

 

KHLK, LLP

 

By Jeanne Campanelli, Partner