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Cibus, Inc. Announces Proposed Public Offering of Class A Common Stock and Pre-Funded Warrants

  • Cibus, Inc. (NASDAQ: CBUS) intends to conduct an underwritten public offering of Class A common stock & pre-funded warrants for certain investors.
  • The underwriter, BTIG, LLC, holds a 30-day option to purchase up to 15% additional shares on the same terms.
  • Cibus plans to use net proceeds for working capital & general corporate purposes, including further development of weed management traits in Rice.
  • The Offering is subject to market conditions & other requirements, with no assurance regarding completion, size, or terms.
  • Securities will be offered under an effective shelf registration statement on Form S-3 filed with the SEC.
  • A prospectus supplement detailing the Offering terms will be filed with the SEC & is available on their website.
  • Cibus is a technology company that licenses gene-edited plant traits to seed companies rather than producing seeds itself.
  • Forward-looking statements in the release are subject to risks including market conditions & failure to meet closing conditions.