Perhaps one of the more exciting initial public offerings (IPOs) in 2022 will hit the market. Knightscope, an autonomous safety robot (ASR) company, is the last company to want to call Nasdaq your home. It will use the KSCP symbol. This upcoming IPO of KSCP shares is attracting a lot of attention, for dedicated website focused on providing more information to investors.
Founded in 2013 to help law enforcement and large clients with security needs, this company has noticed a huge interest not only from the community but also from investors. To this day, he has a Knightscope raised $ 75 million from reputable institutional investors. However, the company is seeking more capital through an IPO to further grow its business. In addition, access to capital markets should provide much-needed capital for future growth, if needed.
Let’s delve into what investors might want to know about this upcoming IPO.
What you need to know about the IPO of KSCP shares
Today, investors interested in the IPO Knightscope received some big news. The company announced this today January 27 is expected as the date of the IPO. With crowdfunding and other unconventional funding, Knightscope has already become one of the more exciting early-stage opportunities for many investors.
Under the current terms of the deal, it appears that the IPO of KSCP shares will be conducted at a price per share of $ 10. Knightscope wants to issue 4 million shares to raise up to $ 40 million in a valuation of $ 585 million.
Demand for automation in various sectors has increased sharply. Accordingly, investor demand for products manufactured by companies such as Knightscope is also growing rapidly. Although this company is in its early stages, receiving its first orders only two years ago, investors are looking to enter the ground floor, which could represent an impressive long-term investment opportunity.
Indeed, KSCP shares are expected to be a key indicator on the watch list for many investors in the coming weeks.
At the time of publication, Chris MacDonald did not hold (directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and are the subject of InvestorPlace.com Guidelines for publication.