Kraig Biocraft Laboratories Inc (KBLB): << NASDAQ can be done at $2 buck a...

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Kraig Biocraft Laboratories Inc (KBLB)

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Re: Darryl_T post# 199257

Tuesday, 08/25/2020 3:27:14 PM

Tuesday, August 25, 2020 3:27:14 PM

<< NASDAQ can be done at $2 buck a share. >>

That is incorrect.

KBLB has stated that they are aiming for the NASDAQ Capital Market, which (according to KBLB) requires a $4 share price.

"In the event we do pursue a listing on a national securities exchange, we believe that the Reverse Stock Split is our best option to meet one of the criteria to obtain an initial listing. As an example, the Nasdaq Capital Market requires, among other criteria, an initial bid price of least $4.00 per share and, following initial listing, maintenance of a continued price of at least $1.00 per share."

https://www.sec.gov/Archives/edgar/data/1413119/000165495419008126/ex991.htm

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Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/16/2024 09:00:29 PM
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Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
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Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
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