Knightscope, Inc. (Nasdaq

KSCP) hires Securities Litigation Attorney Mark R. Basile, Esq. and The Basile Law Firm P.C. – Dilution Funding and Short and Distort Experts

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today announces that it has retained attorney Mark R. Basile and his short and distort securities litigation firm, The Basile Law Firm P.C., to investigate recent activities surrounding the Company’s stock performance and to take whatever legal action necessary to prevent potential market participants from utilizing unlawful means to further hurt retail investors, including the recently published research papers by Capybara Research.

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Knightscope, Inc. (Nasdaq: KSCP) hires Securities Litigation Attorney Mark R. Basile, Esq. and The Basile Law Firm P.C. – Dilution Funding and Short and Distort Experts (Photo: Business Wire)

Mr. Basile, a former law professor, has battled dilution funding and market manipulation for the last 8 years. In 2021, his firm secured a landmark decision against a toxic dilution funder (Adar Bays) that has set the standard to save hundreds of public companies tens of millions of dollars. Since that decision, his firm has vacated several federal trial court judgments and consequently many of the dilution funders have not filed suits against public companies in the last 18 months.

His firm is also pursuing several RICO actions at present against known dilution funders for the collection of unlawful debt and because of his actions, the Southern District of New York recently denied a toxic lender’s motion to dismiss RICO claims. The firm has also published articles and advice for companies that believe they may be victims of dilution, counterfeit shares and market manipulation by brokers, investment relation firms and short-sellers, a summary of which can be found at: https://www.thebasilelawfirm.com/blog

“What we are working on at Knightscope is in the national security interests of the United States of America for all Americans and communities nationwide. We are pleased to welcome Mr. Basile to our legal team. Our stock has been suffering for months, since the release of the Capybara Reports that contain misinformation designed to discredit our accomplishments and to paint a negative picture of the Company by a foreign research firm that has previously taken a short position in Knightscope. Mr. Basile understands how short and distort campaigns negatively affect retail shareholders and will be leading this and other litigation we may plan to protect the Company and its shareholders,” said William Santana Li, Chairman and CEO, Knightscope, Inc.