other material
confidence high
sentiment neutral
materiality 0.40
Cibus partially exercises over-allotment option, issuing 289,953 additional shares at $4.00
Cibus, Inc.
- Representatives exercised option for 289,953 additional shares at $4.00 per share.
- Option was part of previously announced underwritten public offering of 3,000,000 shares.
- Additional gross proceeds approximately $1.16 million; total offering size now 3,289,953 shares.
- Option shares issued under shelf registration statement on Form S-3.
- Jones Day provided legal opinion on validity of the Option Shares.