secwatch.observer — SEC 8-K summary
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Issuer:     Cibus, Inc. (CBUS)
CIK:        0001705843
Form:       8-K
Filed at:   2024-01-02T23:59:59+00:00
Accession:  0001193125-24-000212
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cibus signs up to $80M ATM stock offering with Stifel; replaces prior deal with Jefferies
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- Aggregate offering price of up to $80M of Class A common stock via at-the-market offering.
- Stifel receives commission up to 3% of gross proceeds; agreement can be terminated on ten days' notice.
- Prior Open Market Sales Agreement with Jefferies LLC terminated.
- Net proceeds to fund seed trait development, Trait Machine maintenance, R&D, working capital.
- Sales at Company's sole discretion; no minimum obligation to sell shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705843/000119312524000212/0001193125-24-000212-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705843/000119312524000212/d118469d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-000212

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer