Cibus raises ~$13M in direct offering; CEO invests at $10.20/unit

Cibus, Inc.

Gross proceeds ~$12.98M from sale of 1,298,040 shares and warrants at $10.00 per unit; CEO purchased at $10.20 per unit.
Common warrants exercisable at $10.00 (CEO $10.07), expire June 13, 2029; redeemable after soybean platform announcement and stock above $20 for 15 days.
Offering expected to close June 13, 2024; 60-day lock-up on equity issuance and insider sales.
Placement agent A.G.P. receives fee of 6% on most sales, 3% on certain others; no fee on CEO purchase.
Shares and warrants issued under effective shelf registration statement on Form S-3 (File No. 333-273062).

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