[8-K] Knightscope, Inc. Reports Material Event

Rhea-AI Filing Summary

Tenaris S.A. (TS) filed a Form 6-K on 18 Jul 2025 disclosing weekly activity under the first tranche of its USD1.2 bn share buyback program launched 6 Jun 2025. Between 14–18 Jul 2025 the company repurchased 2,836,581 ordinary shares on the open market, spending €45.6 m (≈USD53.0 m). This represents roughly 8.8 % of the USD600 m tranche and 4.4 % of the total program authorization.

Following the purchases, Tenaris now holds 20,058,339 treasury shares, equal to 1.87 % of issued share capital. Management states that these shares will be cancelled in due course, implying a modest reduction in shares outstanding and potential accretion to per-share metrics.

No additional operating or financial figures were provided. Full transaction details are available on the company website; forward-looking language cautions that oil-and-gas demand could affect future results.

Positive

• Execution of buyback demonstrates management confidence and provides immediate shareholder return.
• Treasury shares now 1.87%; planned cancellation should be EPS-accretive.

Negative

• Only 8.8% of tranche executed, so immediate impact on share count is limited.
• No operational or earnings data provided, offering little insight into underlying performance.

Insights

Equity Analyst

TL;DR Share buyback execution signals confidence; modest but accretive, overall impact slightly positive.

The USD53 m repurchase reduces float by nearly 0.3 % this week and brings total treasury stock to 1.87 %. While only a small slice of the USD600 m tranche, the steady pace supports price and indicates ample liquidity. Planned cancellation should lift EPS marginally. Absent broader financial data, the filing is chiefly a capital-allocation update—not a game-changer, but positive for shareholder returns.

Risk Analyst

TL;DR Limited risk implications; cash outflow minor versus balance-sheet scale.

The €45.6 m spend is unlikely to strain Tenaris’s strong net cash position. However, allocating capital to buybacks amid volatile energy demand could be questioned if cyclical downturn materialises. Management’s intent to cancel shares mitigates dilution but reduces financial flexibility slightly. Overall risk impact is neutral.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 18, 2025

Knightscope, Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-41248		46-2482575
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

305 North Mathilda Avenue

Sunnyvale, California 94085

(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code: (650) 924-1025

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading symbol(s)		Name of each exchange on which registered
Class A Common Stock, par value $0.001 per share		KSCP		Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

Effective July 18, 2025, the Board of Directors of Knightscope, Inc. (the “Company”) adopted the Amended and Restated Bylaws which reduced the quorum required for stockholder meetings from the holders of the shares of stock having a majority of the votes which could be cast by the holders of all outstanding shares of stock entitled to vote at the meeting (the “Prior Quorum Requirement”) to one-third (33 1/3%) of the voting power of shares of stock which could be cast by the holders of all outstanding shares of stock entitled to vote at the meeting (the “Amended Quorum Requirement”).

Amending the Prior Quorum Requirement to the Amended Quorum Requirement reduces the risk of failing to achieve the required quorum for any stockholder meetings, which failure would require the Company to adjourn such meetings and therefore cause the Company to incur additional costs, such as additional virtual meeting host costs and proxy solicitation costs, and suffer other potential disruptions to its business and distraction for management.

The foregoing description of the Amended and Restated Bylaws does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended and Restated Bylaws, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit		Description
3.1		Amended and Restated Bylaws of Knightscope, Inc.
104		Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	knightscope, INC.
Date: July 18, 2025	By:	/s/ William Santana Li
	Name:	William Santana Li
	Title:	Chief Executive Officer and President

FAQ

How many Tenaris (TS) shares were repurchased during 14–18 July 2025?

2,836,581 ordinary shares were bought in the market.

What was the total consideration for the weekly buyback in EUR and USD?

Tenaris spent €45.6 million, equivalent to USD52.98 million.

What proportion of the USD600 million tranche has been used so far?

The USD52.98 million spent equals about 8.8 % of the first tranche.

What percentage of Tenaris’s share capital is currently held in treasury?

Treasury shares total 1.87 % of issued capital as of 18 Jul 2025.

Will Tenaris cancel the repurchased shares?

Yes. Management states it intends to cancel treasury shares in due course.