---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-130380"
form_type: "8-K"
ticker: "CBUS"
cik: "0001705843"
company_name: "Cibus, Inc."
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T05:09:16.152550+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Calyxt reports Q1 cash $2.1M, merger with Cibus Global on track for Q2 close

## Summary
- Merger with Cibus Global expected to close in Q2 2023; special meeting of stockholders set for May 18, 2023.
- Executed 1-for-10 reverse stock split on April 24, 2023 to regain Nasdaq compliance.
- Cash and cash equivalents $2.1M at March 31, 2023; cash runway sufficient through Q2 with Cibus funding.
- Total operating expenses reduced to $4.5M from $6.1M year-over-year; revenues were nominal.
- Settlement with technology vendor: received $750,000 in Q1 2023.

## SEC filing metadata
- accession: 0001193125-23-130380
- form_type: 8-K
- ticker: CBUS
- cik: 0001705843
- company_name: Cibus, Inc.
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705843/000119312523130380/0001193125-23-130380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705843/000119312523130380/d461937d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-130380
- JSON: https://secwatch.observer/filing/0001193125-23-130380.json
- Plain text: https://secwatch.observer/filing/0001193125-23-130380.txt

## Key facts
- Earnings Releases
  Cibus, Inc. reported financial results for the three months ended March 31, 2023.
  - Period: the three months ended March 31, 2023
  - Result: reported results
  source text: On May 1, 2023, Calyxt, Inc. (the “Company”) announced its financial results for the three months ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705843/000119312523130380/0001193125-23-130380-index.htm

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