{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-110595","form_type":"8-K","ticker":"CBUS","cik":"0001705843","company_name":"Cibus, Inc.","filed_at":"2023-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.132598+00:00","generated_at":"2026-06-16T21:25:58.942854+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Calyxt draws additional $500K from Cibus under interim funding; total $1.5M","bullets":["Drawn an additional $500,000 from the $3M unsecured, interest-free revolving line of credit from Cibus Global LLC.","Aggregate draws now $1.5 million; available draws remain $1.5 million.","Draws must be used for ordinary-course operating expenses and are made in $500,000 increments.","Calyxt believes it has sufficient cash to fund operations through the end of Q2 2023.","The interim funding is part of the previously announced merger agreement with Cibus."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-110595","json":"https://secwatch.observer/filing/0001193125-23-110595.json","markdown":"https://secwatch.observer/filing/0001193125-23-110595.md","text":"https://secwatch.observer/filing/0001193125-23-110595.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523110595/0001193125-23-110595-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523110595/d381935d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:25:58.942854+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":"e5aafc00c39a7793071152e47bcf4ae5c6809a28","claim":"Cibus, Inc. incurred revolving credit of $500,000 with Cibus Global LLC at interest-free.","evidence_excerpt":"(“ Calyxt ”) on January 17, 2023 (the “ Merger 8-K ”), pursuant to the terms of the Merger Agreement (as defined in the Merger 8-K), beginning on March 15, 2023, Calyxt can request, and Cibus Global LLC (“ Cibus ”) has agreed to provide, an unsecured, interest-free revolving line of credit of up to $3,000,000 in cash, which amount may be increased as described in the Merger 8-K (the “ Interim Funding ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523110595/0001193125-23-110595-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$500,000"},{"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"}