{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-147101","form_type":"8-K","ticker":"CBUS","cik":"0001705843","company_name":"Cibus, Inc.","filed_at":"2023-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.133933+00:00","generated_at":"2026-06-14T22:29:15.610505+00:00","sec_items":["2.03","8.01","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Calyxt extends merger outside date to June 30; Cibus increases interim funding to $5M","bullets":["Cibus increased interim funding line to $5M aggregate; $2M drawn as of May 17.","Outside Date under merger agreement extended to June 30, 2023; effects after May 15 not considered for MAE.","2023 STIP adopted; bonuses tied to performance and merger closing, target payouts from 25% to 100% of base salary.","Executive Severance Plan amended: bonus portion of severance based on prior-year actual bonus prorated.","PSUs intended for named executives (Carr 49k, Koschak 25k) contingent on S-8 filing, performance tied to merger closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-147101","json":"https://secwatch.observer/filing/0001193125-23-147101.json","markdown":"https://secwatch.observer/filing/0001193125-23-147101.md","text":"https://secwatch.observer/filing/0001193125-23-147101.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523147101/0001193125-23-147101-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705843/000119312523147101/d491267d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T22:29:15.610505+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":"18bd2bf48b65c870f78f4ea301be49d66cf0e6cc","claim":"Cibus, Inc. amended revolving credit of increased to $5,000,000 in the aggregate with Cibus Global LLC.","evidence_excerpt":"(“Calyxt” or the “Company”) 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 could 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/1705843/000119312523147101/0001193125-23-147101-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"increased to $5,000,000 in the aggregate"},{"label":"Counterparty","value":"Cibus Global LLC"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}