0000000000-19-009826.txt : 20190819 0000000000-19-009826.hdr.sgml : 20190819 20190613124452 ACCESSION NUMBER: 0000000000-19-009826 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190613 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Knightscope, Inc. CENTRAL INDEX KEY: 0001600983 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 462482575 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 1070 TERRA BELLA AVENUE CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: (650) 924-1025 MAIL ADDRESS: STREET 1: 1070 TERRA BELLA AVENUE CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 PUBLIC REFERENCE ACCESSION NUMBER: 0001144204-19-027383 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]4>7!E+UA/8FIE8W0O0V]L;W)3 M<&%C92]$979I8V5',Z%$;3 BU,"VEA6J % M6J %6J %6J %6J %6O ]*WOEK(,D*\X#9H:[]P]6<&19EAU+^GP>RR(B(B(B M(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B+_-A\?'^_O[V]O;Z^OKR\' MGI^?GP[$AY="%(AB43AV^=.M%A$1$1$1$9$?2,H4S\_/CX^/]_?WOP[<'=E- MR6+L]?OW[ZCAZ>GI]?5504-$1$1$1$1$+N;M[>WIZ>GAX6&_WS<"Q:]?O^[O M[^.KQW.(\K]__VZJBLJ1,EY>7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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Offering Circular on Form 1-A Filed on May 21, 2019 File no. 024-11004 Dear Mr. Santana Li: We have reviewed your offering statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to these comments, we may have additional comments. Part II and III of the Offering Circular Summary, page 3 1. Please revise to include the conversion ratio for your Series S Preferred shares. 2. Please confirm, if accurate, that there are no shares of Class A common stock presently outstanding. The holders of the Shares may be further diluted by, or your liquidation preference may become junior to, subsequent offerings., page 8 3. Please revise your risk factor to specifically reference your concurrent offering of Series S Preferred Shares under the exemption from registration provided by Regulation D. The company is controlled by its officers and other stockholders., page 15 4. Please revise to quantify the percentage control held by Mr. Santana Li and Ms. Stephens. William Santana Li Knightscope, Inc. June 13, 2019 Page 2 We will consider qualifying your offering statement at your request. If a participant in your offering is required to clear its compensation arrangements with FINRA, please have FINRA advise us that it has no objections to the compensation arrangements prior to qualification. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. We also remind you that, following qualification of your Form 1-A, Rule 257 of Regulation A requires you to file periodic and current reports, including a Form 1-K which will be due within 120 calendar days after the end of the fiscal year covered by the report. You may contact Robert Shapiro, Senior Staff Accountant, at 202-551-3273, or Robert S. Littlepage, Accounting Branch Chief, at 202-551-3361, if you have questions regarding comments on the financial statements and related matters. Please contact Paul Fischer, Staff Attorney, at 202-551-3415, or Celeste M. Murphy, at 202-551-3257, with any other questions. Sincerely, FirstName LastNameWilliam Santana Li Division of Corporation Finance Comapany NameKnightscope, Inc. Office of Telecommunications June 13, 2019 Page 2 cc: Mariya Pivtoraiko FirstName LastName