Cibus cuts 34 jobs (~$0.5M severance charge) to streamline focus

Cibus, Inc.

Board approved reduction of approximately 34 full-time employees on July 21, 2025.
Workforce reduction expected to be completed by December 31, 2025.
Estimated $0.5 million one-time charges for accrued vacation and severance in Q3 2025.
Part of previously announced shift to nearest-term commercial opportunities.
Affected employees notified on July 23, 2025.

item 2.05

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