{"id":398521,"date":"2020-12-11T19:03:05","date_gmt":"2020-12-12T00:03:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398521"},"modified":"2020-12-11T19:03:05","modified_gmt":"2020-12-12T00:03:05","slug":"kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/","title":{"rendered":"Kraig Biocraft Laboratories Secures Bridge Funding and Files to Become Fully Reporting Company"},"content":{"rendered":"<div class=\"mw_release\">\n<p>ANN ARBOR, Mich., Dec.  11, 2020  (GLOBE NEWSWIRE) &#8212; Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (\u201cCompany\u201d or \u201cKraig Labs\u201d), announced today that it has secured $950,000 in bridge financing and simultaneously filed with the SEC to become a mandatory, fully reporting company. Today the Company filed a Form 8-A to become fully reporting issuer. This financing will also make a significant contribution to that effort.<\/p>\n<p>\u201cWhile being a voluntary filer, Kraig has been committed to meeting all SEC filing and reporting standards. Our election to now formalize these reporting responsibilities is evidence of our commitment to full operational transparency and growth,\u201d said CEO and Founder, Kim Thompson. \u201cThe bridge financing will be used to continue scaling up our recombinant spider silk production and for other purposes related to the near term implementation of our business plan.\u201d<\/p>\n<p>To view the most recent news from Kraig Labs and\/or to sign up for Company alerts, please go\u00a0to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TK1Np0h2pto5D86OZ0467FpEoVtrw4d0_kn17vDCxkHnRC3yR0PxegVPnpOZRNNX1uQWgCW9fqyHy9OJVZKBdbUkmKe-SNS3lMS5p65aWPk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.KraigLabs.com\/news<\/a> \u00a0\u00a0<\/p>\n<p>About Kraig Biocraft Laboratories, Inc.<\/p>\n<p>Kraig Biocraft Laboratories, Inc. (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TK1Np0h2pto5D86OZ0467FdJkVarlG8ZysEsZDcgnlNkTQ9s1w7_CUqmmIwg8nRmmA_9U6xRsbyAYskGQOdxVg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.KraigLabs.com<\/a>), a fully reporting biotechnology company, is a developer of genetically engineered spider silk based fiber technologies.<\/p>\n<p>Cautionary Statement Regarding Forward Looking Information<\/p>\n<p align=\"justify\">Statements in this press release about the Company\u2019s future and expectations other than historical facts are \u201cforward-looking statements.\u201d These statements are made on the basis of management\u2019s current views and assumptions. As a result, there can be no assurance that management\u2019s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as \u201cbelieves,\u201d \u201cplans,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cforesees,\u201d \u201cestimated,\u201d \u201chopes,\u201d \u201cif,\u201d \u201cdevelops,\u201d \u201cresearching,\u201d \u201cresearch,\u201d \u201cpilot,\u201d \u201cpotential,\u201d \u201ccould\u201d or other words or phrases of similar import. Forward looking statements include descriptions of the Company\u2019s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Except as required by law, the Company does not undertake any responsibility to revise or update any forward-looking statements.<\/p>\n<p align=\"justify\">This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.<\/p>\n<p>Ben Hansel, Hansel Capital, LLC<br \/>(720) 288-8495<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LB4TNqc_A9qCSbOXSwbwXEWswLHdU8bzglqx9y9GnoMNgjN22W2csvszkkEDlPCw83FQs-EVLVjXUJZMPuf8Hg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">ir@KraigLabs.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEwMTE2OCMzODY4NTM2IzUwMDA3MTM0NQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/6e89b552-1cc2-44bf-a1ef-535c64581894\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ANN ARBOR, Mich., Dec. 11, 2020 (GLOBE NEWSWIRE) &#8212; Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (\u201cCompany\u201d or \u201cKraig Labs\u201d), announced today that it has secured $950,000 in bridge financing and simultaneously filed with the SEC to become a mandatory, fully reporting company. Today the Company filed a Form 8-A to become fully reporting issuer. This financing will also make a significant contribution to that effort. \u201cWhile being a voluntary filer, Kraig has been committed to meeting all SEC filing and reporting standards. Our election to now formalize these reporting responsibilities is evidence of our commitment to full operational transparency and growth,\u201d said CEO and Founder, Kim Thompson. \u201cThe bridge financing will be used to continue scaling up our recombinant spider &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kraig Biocraft Laboratories Secures Bridge Funding and Files to Become Fully Reporting Company&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-398521","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kraig Biocraft Laboratories Secures Bridge Funding and Files to Become Fully Reporting Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kraig Biocraft Laboratories Secures Bridge Funding and Files to Become Fully Reporting Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ANN ARBOR, Mich., Dec. 11, 2020 (GLOBE NEWSWIRE) &#8212; Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (\u201cCompany\u201d or \u201cKraig Labs\u201d), announced today that it has secured $950,000 in bridge financing and simultaneously filed with the SEC to become a mandatory, fully reporting company. Today the Company filed a Form 8-A to become fully reporting issuer. This financing will also make a significant contribution to that effort. \u201cWhile being a voluntary filer, Kraig has been committed to meeting all SEC filing and reporting standards. Our election to now formalize these reporting responsibilities is evidence of our commitment to full operational transparency and growth,\u201d said CEO and Founder, Kim Thompson. \u201cThe bridge financing will be used to continue scaling up our recombinant spider &hellip; Continue reading &quot;Kraig Biocraft Laboratories Secures Bridge Funding and Files to Become Fully Reporting Company&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-12T00:03:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEwMTE2OCMzODY4NTM2IzUwMDA3MTM0NQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Kraig Biocraft Laboratories Secures Bridge Funding and Files to Become Fully Reporting Company\",\"datePublished\":\"2020-12-12T00:03:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\\\/\"},\"wordCount\":413,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODEwMTE2OCMzODY4NTM2IzUwMDA3MTM0NQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\\\/\",\"name\":\"Kraig Biocraft Laboratories Secures Bridge Funding and Files to Become Fully Reporting Company - 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Our election to now formalize these reporting responsibilities is evidence of our commitment to full operational transparency and growth,\u201d said CEO and Founder, Kim Thompson. \u201cThe bridge financing will be used to continue scaling up our recombinant spider &hellip; Continue reading \"Kraig Biocraft Laboratories Secures Bridge Funding and Files to Become Fully Reporting Company\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-12T00:03:05+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEwMTE2OCMzODY4NTM2IzUwMDA3MTM0NQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Kraig Biocraft Laboratories Secures Bridge Funding and Files to Become Fully Reporting Company","datePublished":"2020-12-12T00:03:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/"},"wordCount":413,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEwMTE2OCMzODY4NTM2IzUwMDA3MTM0NQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/kraig-biocraft-laboratories-secures-bridge-funding-and-files-to-become-fully-reporting-company\/","name":"Kraig Biocraft Laboratories Secures Bridge Funding and Files to Become Fully Reporting Company - 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