Knightscope files lawsuit against Capybara Research

Knightscope announces a litigation update to the market regarding its newly filed lawsuit against Capybara Research. On December 20, 2023, Knightscope filed a lawsuit in the United States District Court for the Southern District of New York against Capybara Research, a short selling research firm created in July 2023 that authors “short reports” on various publicly traded companies, including Knightscope. Capybara anonymously publishes its reports to its Twitter account and website, and frequently posts inaccurate and misleading information with the intention to antagonize our retail investment community and embarrass the Company. Today, after weeks of investigatory work by legal counsel as well as cooperation of third parties, the Company wishes to announce that the attorneys have been successful in identifying the person responsible for the malicious article and are now talking all steps necessary to prosecute the lawsuit in the name of the individual, as well as his address, and to serve that individual. Knightscope also sued the social media news outlet Benzinga for republishing, and continuing to republish the Capybara research and other false reports that continue to harm the retail investment community. The company had previously announced that it retained known dilution funder combatant Mark R. Basile, Esq, and his Securities and RICO litigation firm, The Basile Law Firm P.C., to assist the company in investigating and prosecuting all claims in defense of the Company and its retail investors.