Knightscope, Inc. acquired Event Risk LLC, a nationwide provider of armed and unarmed security guarding services, on February 27, 2026. The total consideration includes a $5.0 million cash payment, assumption of $1.14 million in Frost Bank debt, and issuance of 1,724,418 shares of Knightscope Class A Common Stock. Additional deferred cash payments of $4.0 million are due quarterly from March 2027 to December 2028. Contingent consideration includes up to $2.0 million in earn-out payments based on 2026 revenue and gross margin, and up to $10.0 million in cash revenue share payments for 2027-2031. Further equity revenue share issuances, capped at the lower of 2.5% of fully diluted shares or $3.0 million in grant-date value, are tied to revenue above $50.0 million. The acquisition aims to integrate Knightscope's autonomous robots and AI software with Event Risk's licensed human response services, creating a unified security platform. Event Risk's President, Eric J. Rose, will continue to lead the licensed guarding operations, which will transition to "Knightscope Security Force" during 2026.