Cibus prices 15.7M-share public offering at $1.75/share; expected close June 9

Cibus, Inc.

Entered Securities Purchase Agreements for 15,714,285 shares at $1.75/share in registered public offering.
Offering includes pre-funded warrants for certain purchasers; proceeds for weed management trait development in Rice and working capital.
Company and executive officers/directors subject to 60-day lock-up on stock sales.
Placement agent A.G.P. receives 7.0% fee on sales to certain purchasers, 2.0% on others, no fee on Chairman's shares.
Closing expected June 6 for some purchasers and June 9 for the Chairman; Placement Agency Agreement executed June 5.

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