CBUS · Cibus, Inc.

Summary

Cibus, Inc. entered into an underwriting agreement with BTIG, LLC for a public offering of 6,976,744 shares of its Class A common stock at $2.15 per share, with an option for the underwriter to purchase up to an additional 1,046,511 shares, expected to generate net proceeds of approximately $13.5 million.

Key takeaways

• Cibus entered into an underwriting agreement with BTIG, LLC on March 25, 2026 for a public offering of its Class A common stock.
• The offering consists of 6,976,744 shares at a public offering price of $2.15 per share.
• The underwriter has a 30-day option to purchase up to 1,046,511 additional shares of Class A common stock.
• The offering is expected to close on or about March 27, 2026, subject to customary closing conditions.
• The company estimates net proceeds of approximately $13.5 million, or $16.0 million if the underwriter's option is exercised in full.
• The company and its directors and executive officers agreed to a 60-day lock-up period restricting sales of Class A common stock without underwriter consent.