Cibus announces Class A common stock offering, no amount given

Cibus (CBUS) announced that it intends to offer shares of its Class A common stock, and, in lieu of common stock to certain investors that so elect, pre-funded warrants to purchase additional shares of its Class A Common Stock in an underwritten public offering. Cibus currently intends to use the net proceeds from the offering for working capital and general corporate purposes, including to fund further development of its weed management traits in Rice. BTIG is acting as the sole underwriter for the offering.