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Friday, August 28, 2020 8:41:38 AM
not sure what you are say here...first of all, there is no IPO involved...whatever the price is on the otc, has to translate exactly to what the pps will be on nasdaq..”
Where is the $11.5 million that KBLB will get coming from? (Hint: Maxim)
The IPO(I know it’s not an IPO but it’s shorter than typing out Maxim offering) price is the price Maxim is paying for the 1.9 million shares. It is Maxim’s job to get that price or better from their investors. That price is negotiated between KBLB(KT) and Maxim(not Maxim investors) and will not change when the share price changes. Maxim is also getting warrants with these shares so this price does not have to equal the current share price times the split multiple(30:1 x .15=$4.50, Maxim still pays negotiated price(currently somewhere between $4.20 and $6.20)
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- 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
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- 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
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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