---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-058307"
form_type: "8-K"
ticker: "CBUS"
cik: "0001705843"
company_name: "Cibus, Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:33:26.924245+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Calyxt to merge with Cibus Global in all-stock deal; Q4 revenue nominal, cash $3.5M

## Summary
- Merger with Cibus Global: all-stock, Calyxt shareholders to own ~5% of combined company; expected close Q2 2023.
- Cash and cash equivalents $3.5M as of Dec 31, 2022; cash runway through Q2 2023 with interim Cibus funding.
- Revenue nominal in Q4 2022 vs $1.9M in Q4 2021 due to wind-down of soybean product line.
- Total operating expenses $3.4M in Q4 2022 vs $6.6M in Q4 2021, driven by cost reduction actions.
- Settlement with technology vendor: received $750K in Q4 2022 and another $750K in Q1 2023.

## SEC filing metadata
- accession: 0001193125-23-058307
- form_type: 8-K
- ticker: CBUS
- cik: 0001705843
- company_name: Cibus, Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705843/000119312523058307/0001193125-23-058307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705843/000119312523058307/d453226d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-058307
- JSON: https://secwatch.observer/filing/0001193125-23-058307.json
- Plain text: https://secwatch.observer/filing/0001193125-23-058307.txt

## Key facts
- Earnings Releases
  Cibus, Inc. reported financial results for the fourth quarter ended December 31, 2022.
  - Period: the fourth quarter ended December 31, 2022
  - Result: reported results
  source text: Calyxt, Inc. (Nasdaq: CLXT), a plant-based synthetic biology company, today announced operating and financial results for its fourth quarter ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705843/000119312523058307/0001193125-23-058307-index.htm
- Earnings Releases
  Cibus, Inc. reported financial results for the year ended December 31, 2022.
  - Period: the year ended December 31, 2022
  - Result: reported results
  source text: On March 2, 2023, Calyxt, Inc. (the “Company”) announced its financial results for the year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705843/000119312523058307/0001193125-23-058307-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.