{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-137115","form_type":"8-K","ticker":"CBUS","cik":"0001705843","company_name":"Cibus, Inc.","filed_at":"2023-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.133296+00:00","generated_at":"2026-06-15T17:06:00.016925+00:00","sec_items":["2.03","5.07"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Calyxt draws additional $500K from Cibus credit line; cash runway through Q2 2023","bullets":["Drew additional $500K from Cibus Global under $3M unsecured interest-free line, aggregate now $2.0M.","Company believes sufficient cash to fund operations through end of Q2 2023.","Annual meeting elected Philippe Dumont and Jonathan Fassberg as Class I directors.","Advisory vote approved executive compensation; say-on-pay frequency set to one year."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-137115","json":"https://secwatch.observer/filing/0001193125-23-137115.json","markdown":"https://secwatch.observer/filing/0001193125-23-137115.md","text":"https://secwatch.observer/filing/0001193125-23-137115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523137115/0001193125-23-137115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523137115/d383026d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T17:06:00.016925+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":"490bca98f557b545ec46daeaf7d536630fcd72e9","claim":"Cibus, Inc. incurred revolving credit of up to $3,000,000 with Cibus Global LLC at interest-free.","evidence_excerpt":"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 ”). Funds can be drawn by Calyxt in $500,000 increments and may only be used to fund","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523137115/0001193125-23-137115-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"},{"claim_id":"3dbf91d555b13489c1709f5210c40c0ea8a049d5","claim":"Cibus, Inc. shareholders approved Election of two Class I directors at the 2023-05-02 meeting.","evidence_excerpt":"1. To elect two Class I directors to our Board of Directors, each to serve a three-year term and until his or her successor has been elected and qualified, or until his or her earlier death, resignation or removal.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523137115/0001193125-23-137115-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-02"}],"fact_type":"shareholder_vote"},{"claim_id":"953ffb991b40f2d4c900a9184bfd3d57b9c033f4","claim":"Cibus, Inc. shareholders approved Advisory vote to approve the compensation of the Company's named executive officers at the 2023-05-02 meeting.","evidence_excerpt":"2. To approve, on an advisory basis, the compensation of the Company's named executive officers.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523137115/0001193125-23-137115-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-02"}],"fact_type":"shareholder_vote"},{"claim_id":"f341bf4be27e0de6ddd7376ffdc77123c9ca31e1","claim":"Cibus, Inc. shareholders approved Advisory vote on the frequency of future votes to approve the compensation of named executive officers at the 2023-05-02 meeting.","evidence_excerpt":"3. To approve, on an advisory basis, the frequency of future votes to approve the compensation of the Company's named executive officers.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523137115/0001193125-23-137115-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-02"}],"fact_type":"shareholder_vote"},{"claim_id":"f7be998667994ed92dc956762a3a99727db1fed2","claim":"Cibus, Inc. shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2023 at the 2023-05-02 meeting.","evidence_excerpt":"4. To ratify the appointment by the Audit Committee of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31, 2023.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523137115/0001193125-23-137115-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-02"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}