InvestorsHub Logo
Followers 67
Posts 13189
Boards Moderated 1
Alias Born 08/10/2017

Re: Jakito post# 194256

Thursday, 07/09/2020 7:01:26 AM

Thursday, July 09, 2020 7:01:26 AM

Post# of 278890
<< but are Maxim not committing to buy a certain number of shares as underwriter? >>

No, Maxim is not "committed" to buying anything. Maxim will be issued warrants, which they can purchase if it benefits them.

"Upon the closing this offering, the Registrant will issue to Maxim Group, LLC (“Maxim”) warrants to purchase a number of shares of Class A common stock equal to 8% of the total number of securities sold in this offering (the “Representative’s Warrants”)."

https://www.sec.gov/Archives/edgar/data/1413119/000149315220010402/forms-1.htm

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News