secwatch / observer

Cibus, Inc. — fact timeline

Source-grounded facts extracted from Cibus, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CBUS Cibus, Inc. JSON

Peter Beetham resigned as Director at Cibus, Inc..

“Dr. Beetham resigned from the Board also effective June 8, 2026.”

Peter Beetham changed role as President and Chief Operating Officer at Cibus, Inc..

“Peter Beetham, who had been serving as Interim Chief Executive Officer since February 2025, returned to his role as the Company’s President and Chief Operating Officer.”

Craig Wichner resigned as Director at Cibus, Inc..

“Mr. Wichner resigned from the Board and from the Strategy Committee of the Board.”

Craig Wichner was appointed as Chief Executive Officer at Cibus, Inc..

“appointed Craig Wichner as the Company’s Chief Executive Officer on June 8, 2026.”
Shareholder Votes

Cibus, Inc. shareholders approved Ratification of BDO USA, P.C. as independent registered public accounting firm for 2026 at the 2026-06-02 meeting.

“To ratify the appointment by the Audit Committee of BDO USA, P.C. as our independent registered public accounting firm for the year ending December 31, 2026.”
Shareholder Votes

Cibus, Inc. shareholders approved Advisory approval of Named Executive Officer compensation at the 2026-06-02 meeting.

“To approve, on an advisory basis, the compensation of the Company’s Named Executive Officers.”
Shareholder Votes

Cibus, Inc. shareholders approved Election of nine directors to the Board of Directors at the 2026-06-02 meeting.

“To elect nine directors to our Board of Directors”
Earnings Releases

Cibus, Inc. reported financial results for the quarter ended March 31, 2026.

“On May 14, 2026, Cibus, Inc. (the “Company”) announced its financial results for the three months ended March 31, 2026, and provided a business update.”
Earnings Releases

Cibus, Inc. reported financial results for fourth quarter and year ended December 31, 2025.

“On March 17, 2026, Cibus, Inc. (the “Company”) announced its financial results for the fourth quarter and year ended December 31, 2025, and provided a business update.”
Restructurings & Charges

Cibus, Inc. announced a restructuring with charges of approximately $0.5 million (approximately 34 full-time employees).

“funded commercial opportunities. The Company expects that the reduction in workforce will be completed by December 31, 2025, and estimates that it will incur approximately $0.5 million of one-time charges for accrued vacation and severance payments in the third quarter of 2025 in connection with this reduction in workforce. The Company communicated the”

Peter Beetham was appointed as Interim Chief Executive Officer at Cibus, Inc..

“Peter Beetham, the Company’s President and Chief Operating Officer, was appointed as Interim Chief Executive Officer”

Rory Riggs resigned as Chief Executive Officer at Cibus, Inc..

“On February 24, 2025, Rory Riggs resigned as the Chief Executive Officer of Cibus, Inc.”

August Moretti was appointed as Director at Cibus, Inc..

“On November 18, 2024, the Board of Directors (the “Board”) of Cibus, Inc. (the “Company”) appointed August Moretti to serve as a member of the Board, effective as of such date.”
Restructurings & Charges

Cibus, Inc. announced a restructuring with charges of approximately $0.35 million of one-time costs in the fourth quarter of 2024 (approximately 26 full-time employees).

“On October 16, 2024, the Board of Directors of Cibus, Inc. (the “ Company ” or “ Cibus ”) approved a strategic realignment, which includes an immediate reduction in workforce of approximately 26 full-time employees. The Company estimates that it will incur approximately $0.35 million of one-time costs in the fourth quarter of 2024 in connection with this reduction in workforce, primarily related to accrued vacation and severance payments.”

Cornelis (Carlo) Broos was appointed as Interim Chief Financial Officer at Cibus, Inc..

“The Company's Board of Directors formally appointed Mr. Broos as the Company's Interim Chief Financial Officer, effective immediately.”

Wade King departed as Chief Financial Officer at Cibus, Inc..

“Wade King's departure from the role of Chief Financial Officer.”

Carlo Broos was appointed as Interim Chief Financial Officer at Cibus, Inc..

“the Company intends to appoint Carlo Broos, the Company’s Senior Vice President of Finance, to serve as Interim Chief Financial Officer.”

Wade King departed as Chief Financial Officer at Cibus, Inc..

“Mr. King notified the Company on August 15, 2024 that he would be stepping down from the role of Chief Financial Officer, effective September 30, 2024.”
Earnings Releases

Cibus, Inc. reported financial results for the quarter ended March 31, 2024.

“Cibus, Inc. (the “Company”) announced its financial results for the three months ended March 31, 2024.”
Earnings Releases

Cibus, Inc. reported financial results for the quarter ended December 31, 2023.

“On March 21, 2024, Cibus, Inc. (the “Company”) announced its financial results for the year ended December 31, 2023.”
Restructurings & Charges

Cibus, Inc. announced a impairment with charges of an estimated approximately $249.4 million affecting goodwill and in-process R&D indefinite-lived intangible assets acquired in the merger transactions with Cibus Global, LLC.

“management expects to record a non-cash impairment charge of an estimated approximately $249.4 million for impairment of goodwill and in-process R&D indefinite-lived intangible assets in the consolidated financial statements for the year ended December 31, 2023.”
Material Agreements

Cibus, Inc. entered into Sales Agreement with Stifel, Nicolaus & Company, Incorporated valued at up to $80,000,000 aggregate offering price of Class A common stock (effective 2024-01-02).

“On January 2, 2024, Cibus, Inc. (the “ Company ”) entered into a Sales Agreement (the “ Sales Agreement ”) with Stifel, Nicolaus & Company, Incorporated (“ Stifel ”).”
Earnings Releases

Cibus, Inc. reported financial results for the three months ended September 30, 2023.

“On November 9, 2023, Cibus, Inc. (the “Company”) announced its financial results for the three months ended September 30, 2023.”
Debt Financings

Cibus, Inc. incurred loan of $5,000,000 with Rory Riggs at 12% per annum maturing January 1, 2026.

“Mr. Riggs has agreed to make available to the Company a line of credit (the “Loan”) in the aggregate principal amount of $5,000,000”
Restructurings & Charges

Cibus, Inc. announced a restructuring with charges of approximately $0.5 million affecting the Company (reduction in workforce in full time employees from 242 full-time employees as of October 17, 2023, to approximately 185).

“The Company estimates that it will incur approximately $0.5 million of one-time costs in connection with the reduction in workforce, primarily related to accrued vacation and severance payments.”

Jim Collins resigned as Member of the Board of Directors and Nominating and Corporate Governance Committee at Cibus, Inc..

“On October 17, 2023, Jim Collins provided notice of his decision to resign, effective immediately, as a member of the Company’s board of directors and as a member of its Nominating and Corporate Governance Committee.”

James Collins was appointed as Director at Cibus, Inc..

“On September 14, 2023, the Board of Directors (the “Board”) of Cibus, Inc. (the “Company”) appointed James Collins to serve as member of the Board, effective September 14, 2023.”
Earnings Releases

Cibus, Inc. reported financial results for three months ended June 30, 2023.

“On August 9, 2023, Cibus, Inc. (the “Company”) announced its financial results for the three months ended June 30, 2023.”
Governance Changes

Cibus, Inc.: Amended and restated code of business conduct and ethics with updates to name, contact, corporate opportunities, third-party IP, fair dealing, side deals, accounting records, and workplace behaviors.

“In connection with the Transactions, the Board amended and restated the Company’s code of business conduct and ethics (the “ Code of Conduct ”) effective as of the First Blocker Merger Effective Time.”
Governance Changes

Cibus, Inc.: Amended bylaws to change company name, reflect DGCL changes for Up-C structure, and make conforming updates.

“Effective as of First Blocker Merger Effective Time, Calyxt amended and restated its Amended and Restated Bylaws in the form of the Amended Bylaws.”
Governance Changes

Cibus, Inc.: Amended certificate of incorporation to change company name, divide common stock into two classes, remove Cellectis rights, and reflect DGCL changes for Up-C structure.

“Effective as of First Blocker Merger Effective Time, Calyxt amended and restated its amended and restated certificate of incorporation.”
Shareholder Votes

Cibus, Inc. shareholders approved Approval of amendment to the Calyxt, Inc. 2017 Omnibus Incentive Plan at the 2023-05-18 meeting.

“At a special meeting of stockholders of Calyxt, in accordance with the voting results set forth under Item 5.07 of the Company’s Form 8-K filed on May 19, 2023, Calyxt’s stockholders approved an amendment (the “ Plan Amendment ”) to the Calyxt, Inc. 2017 Omnibus Incentive Plan”
M&A Transactions

Cibus, Inc. completed an acquisition involving Cibus Global, LLC (closed 2023-05-31).

“On May 31, 2023, Calyxt completed its business combination with Cibus in accordance with the terms of the Merger Agreement.”
Material Agreements

Cibus, Inc. entered into Cibus Amended Operating Agreement with Cibus valued at Cibus Amended Operating Agreement governs the rights of Cibus Common Units, management by Cibus Mana (effective 2023-05-31).

“Cibus Amended Operating Agreement On May 31, 2023, in connection with the Transactions, Cibus’ second amended and restated limited liability company agreement (the " Cibus Operating Agreement ") was amended and restated to be in the form attached hereto as Exhibit 10.4 (the " Cibus Amended Operating Agreement ").”
Material Agreements

Cibus, Inc. entered into Tax Receivable Agreement with Electing Members party to the Tax Receivable Agreement valued at Tax Receivable Agreement requires the Company to pay to the Electing Members 85% of the net income t (effective 2023-05-31).

“Tax Receivable Agreement On May 31, 2023, in connection with the Transactions, the Company entered into a Tax Receivable Agreement (the " Tax Receivable Agreement "), pursuant to which the Company generally is required to pay to the Electing Members party to the Tax Receivable Agreement, in the aggregate, 85% of the net income tax savings that the Company actually realizes (or in certain circumstances, is deemed to realize) as a result of (i) certain favorable tax attributes that the Company acquired from the Blockers in the Blocker Mergers (including net operating losses), (ii) increases to the Company’s allocable share of the tax basis of Cibus’ assets resulting from future redemptions or exchanges of Cibus Common Units for shares of Class A Common Stock or cash, (iii) tax attributes resulting from certain payments made under the Tax Receivable Agreement, and (iv) deductions in respect of interest under the Tax Receivable Agreement.”
Material Agreements

Cibus, Inc. entered into Exchange Agreement with Cibus and the Electing Members valued at Exchange Agreement provides holders of Up-C Units the right to exchange their Up-C Units on a one-fo (effective 2023-05-31).

“Exchange Agreement On May 31, 2023, in connection with the Transactions, the Company entered into an Exchange Agreement (the " Exchange Agreement ") with Cibus and the Electing Members pursuant to which, subject to the procedures and restrictions therein, the holders of Up-C Units (or certain permitted transferees thereof) have the right from time to time from, and after the effectiveness of a Registration Statement on Form S-3 to be filed by the Company pursuant to the terms and conditions of the Registration Rights Agreement, to exchange their Up-C Units on a one-for-one basis, for shares of Class A Common Stock (the " Exchange "); provided, that, subject to certain exceptions, the Company, at its sole election, subject to certain restrictions, may, other than in the case of certain secondary offerings, instead settle all or a portion of the Exchange in cash based on a volume weighted average price of a share of Class A Common Stock.”
Material Agreements

Cibus, Inc. entered into Registration Rights Agreement with Electing Members valued at Registration Rights Agreement provides the Electing Members certain registration rights whereby, at (effective 2023-05-31).

“Item 1.01. Entry into a Material Definitive Agreement. Registration Rights Agreement On May 31, 2023, the Company entered into a Registration Rights Agreement (the " Registration Rights Agreement ") with the Electing Members in connection with the Transactions.”
Auditor Changes

Cibus, Inc. engaged BDO USA, LLP as its auditor.

“On May 31, 2023, the Audit Committee of the Company approved the engagement of BDO USA, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023.”
Auditor Changes

Cibus, Inc. dismissed Ernst & Young LLP as its auditor.

“(a) Prior to the completion of the Transactions, Ernst & Young LLP served as the independent registered public accounting firm of Calyxt. On May 31, 2023, the Audit Committee (the “ Audit Committee ”) of the Board of Directors of the Company approved the dismissal of Ernst & Young LLP as its independent registered public accounting firm, effective as of the appointment of BDO USA, LLP as the independent public accounting firm of the Company. The reports of Ernst & Young LLP on Calyxt’s consolidated financial statements for the past two fiscal years did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles, except that: • Ernst & Young LLP’s report on the consolidated financial statements of Calyxt as of and for the fiscal year ended December 31, 2022 contained separate paragraphs that stated:”

Keith Walker was appointed as Director at Cibus, Inc..

“immediately following the First Blocker Merger Effective Time, the size of the Board was decreased to six members and the Board and its committees were reconstituted, consisting of six directors, who are Rory Riggs, Peter Beetham, Ph.D., Mark Finn, Jean-Pierre Lehmann, Gerhard Prante, Ph.D. and Keith Walker, Ph.D.”

Gerhard Prante was appointed as Director at Cibus, Inc..

“immediately following the First Blocker Merger Effective Time, the size of the Board was decreased to six members and the Board and its committees were reconstituted, consisting of six directors, who are Rory Riggs, Peter Beetham, Ph.D., Mark Finn, Jean-Pierre Lehmann, Gerhard Prante, Ph.D. and Keith Walker, Ph.D.”

Jean-Pierre Lehmann was appointed as Director at Cibus, Inc..

“immediately following the First Blocker Merger Effective Time, the size of the Board was decreased to six members and the Board and its committees were reconstituted, consisting of six directors, who are Rory Riggs, Peter Beetham, Ph.D., Mark Finn, Jean-Pierre Lehmann, Gerhard Prante, Ph.D. and Keith Walker, Ph.D.”

Mark Finn was appointed as Director at Cibus, Inc..

“immediately following the First Blocker Merger Effective Time, the size of the Board was decreased to six members and the Board and its committees were reconstituted, consisting of six directors, who are Rory Riggs, Peter Beetham, Ph.D., Mark Finn, Jean-Pierre Lehmann, Gerhard Prante, Ph.D. and Keith Walker, Ph.D.”

Peter Beetham was appointed as Director at Cibus, Inc..

“immediately following the First Blocker Merger Effective Time, the size of the Board was decreased to six members and the Board and its committees were reconstituted, consisting of six directors, who are Rory Riggs, Peter Beetham, Ph.D., Mark Finn, Jean-Pierre Lehmann, Gerhard Prante, Ph.D. and Keith Walker, Ph.D.”

Rory Riggs was appointed as Chair of the Board at Cibus, Inc..

“Rory Riggs was appointed as the Chair of the Board.”

Christopher J. Neugent resigned as Director at Cibus, Inc..

“Michael A. Carr, Yves J. Ribeill, Laurent Arthaud, Philippe Dumont, Jonathan B. Fassberg, Anna Ewa Kozicz-Stankiewicz, Kimberly Nelson and Christopher J. Neugent resigned from the Board and committees of the Board on which they respectively served”

Kimberly Nelson resigned as Director at Cibus, Inc..

“Michael A. Carr, Yves J. Ribeill, Laurent Arthaud, Philippe Dumont, Jonathan B. Fassberg, Anna Ewa Kozicz-Stankiewicz, Kimberly Nelson and Christopher J. Neugent resigned from the Board and committees of the Board on which they respectively served”

Anna Ewa Kozicz-Stankiewicz resigned as Director at Cibus, Inc..

“Michael A. Carr, Yves J. Ribeill, Laurent Arthaud, Philippe Dumont, Jonathan B. Fassberg, Anna Ewa Kozicz-Stankiewicz, Kimberly Nelson and Christopher J. Neugent resigned from the Board and committees of the Board on which they respectively served”

Jonathan B. Fassberg resigned as Director at Cibus, Inc..

“Michael A. Carr, Yves J. Ribeill, Laurent Arthaud, Philippe Dumont, Jonathan B. Fassberg, Anna Ewa Kozicz-Stankiewicz, Kimberly Nelson and Christopher J. Neugent resigned from the Board and committees of the Board on which they respectively served”

Philippe Dumont resigned as Director at Cibus, Inc..

“Michael A. Carr, Yves J. Ribeill, Laurent Arthaud, Philippe Dumont, Jonathan B. Fassberg, Anna Ewa Kozicz-Stankiewicz, Kimberly Nelson and Christopher J. Neugent resigned from the Board and committees of the Board on which they respectively served”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.