AcquisitionsMay 15, 2026, 04:19 PM
Knightscope Completes Acquisition of Event Risk LLC
AI Summary
Knightscope, Inc. announced the completion of its acquisition of Event Risk LLC, a provider of security and risk mitigation services, on February 27, 2026. The total consideration for the acquisition included a $5.0 million cash payment, the assumption of $1.1 million in debt, and the issuance of 1,724,418 shares of Knightscope Class A Common Stock. Additionally, the agreement includes $4.0 million in deferred cash payments and potential contingent earn-out payments of up to $2.0 million.
Key Highlights
- Knightscope completed the acquisition of Event Risk LLC on February 27, 2026.
- The acquisition included a $5.0 million closing cash payment.
- Knightscope assumed approximately $1.1 million of Event Risk's indebtedness.
- 1,724,418 shares of Knightscope Class A Common Stock were issued as part of the consideration.
- Deferred cash payments of $4.0 million are scheduled through December 31, 2028.
- Contingent consideration includes up to $2.0 million in earn-out payments based on 2026 performance.
- Event Risk reported $15.37 million in revenue for the year ended December 31, 2025.
- The unaudited pro forma combined revenue for the year ended December 31, 2025, was $26.70 million.
Price Impact
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