SCHEDULE 13G/A: William Santana Li Amends Knightscope, Inc. Ownership Disclosure, Holding 3.3% Stake
Beneficial Ownership Report
William Santana Li has filed an amended Schedule 13G, disclosing a beneficial ownership of 3.3% of Knightscope, Inc.'s Class A Common Stock as of March 31, 2025.
Summary
- William Santana Li, a U.S. citizen, is the Reporting Person for this Schedule 13G Amendment No. 1 filing.
- As of March 31, 2025, the Reporting Person beneficially owns an aggregate of 223,924 shares of Knightscope, Inc.'s Class A Common Stock.
- This ownership represents 3.3% of the Class A Common Stock outstanding, calculated based on 6,786,724 shares outstanding as of April 18, 2025.
- The total outstanding shares used for calculation include 6,564,466 shares of Class A Common Stock outstanding as of April 29, 2025, as disclosed in the Issuer's Form 10-K/A.
- The beneficially owned shares include 190,743 shares over which the Reporting Person has sole voting and dispositive power.
- The beneficially owned shares also include 33,181 shares over which the Reporting Person has shared voting and dispositive power, primarily through holdings of the Reporting Person's spouse.
- The Reporting Person's direct holdings include 1,666 shares of Class A Common Stock, 140,000 shares of Class B Common Stock convertible into Class A, and 49,077 Class A shares underlying options exercisable within 60 days.
- The Reporting Person's spouse's holdings, included in the shared power, consist of 2,260 shares of Class B Common Stock, 27,181 Class A shares underlying options, and 3,740 Class B shares underlying options, all exercisable within 60 days.
- The reported beneficial ownership does not include 150,111 shares of Class A Common Stock underlying warrants, over which the Reporting Person has a proxy to vote but no ability to exercise.
Sentiment
Score: 5
Explanation: The document is a standard beneficial ownership disclosure (Schedule 13G) and does not contain performance or forward-looking statements that would typically influence sentiment. It provides factual information about a significant individual's stake.
Positives
- The disclosure indicates a significant beneficial ownership stake (3.3%) by William Santana Li, who is likely an insider given the shared business address with Knightscope, Inc., suggesting alignment of interests with shareholders.
Future Outlook
The document is a beneficial ownership report and does not contain forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of beneficial ownership by a significant individual and does not provide broader industry context or trends.
Related Party Transactions
- The beneficial ownership calculation includes shares held by the Reporting Person's spouse, over which the Reporting Person has shared voting and dispositive power.
Stakeholder Impact
- Shareholders: Provides transparency regarding the ownership stake of a significant individual, potentially an insider, which can influence investor confidence and perception of management alignment.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of Event Which Requires Filing of this Statement |
| 04/18/2025 | Date as of which beneficial ownership of 223,924 shares was calculated based on 6,786,724 shares outstanding |
| 04/29/2025 | Date of Class A Common Stock outstanding count (6,564,466 shares) as disclosed in Issuer's Form 10-K/A |
| 04/30/2025 | Date Issuer's Amendment to Annual Report on Form 10-K was filed with the SEC |
| 05/15/2025 | Date of filing of this Schedule 13G Amendment No. 1 |
Keywords
Knightscope Inc., William Santana Li, Schedule 13G, Beneficial Ownership, Class A Common Stock, Stock Holdings, Insider Ownership, SEC Filing, KSCP
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