{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-072726","form_type":"8-K","ticker":"CBUS","cik":"0001705843","company_name":"Cibus, Inc.","filed_at":"2023-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.213685+00:00","generated_at":"2026-06-18T00:40:11.966721+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Calyxt draws $500K from $3M interest-free line of credit from Cibus to fund ops","bullets":["Initial $500K draw on $3M unsecured, interest-free revolving facility from merger partner Cibus Global.","Funds available in $500K increments for ordinary course operating expenses only.","Calyxt says cash sufficient through Q2 2023; facility was previously disclosed in Jan 2023 merger agreement.","No interest; draws subject to negative covenants in the merger agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-072726","json":"https://secwatch.observer/filing/0001193125-23-072726.json","markdown":"https://secwatch.observer/filing/0001193125-23-072726.md","text":"https://secwatch.observer/filing/0001193125-23-072726.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523072726/0001193125-23-072726-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523072726/d463774d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T00:40:11.966721+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f30e4d1800c502cd933f1bef213ee6420dac4ce5","claim":"Cibus, Inc. incurred revolving credit of up to $3,000,000 with Cibus Global LLC at interest-free.","evidence_excerpt":"an unsecured, interest-free revolving line of credit of up to $3,000,000 in cash","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523072726/0001193125-23-072726-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $3,000,000"},{"label":"Counterparty","value":"Cibus Global LLC"},{"label":"Rate","value":"interest-free"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}