Cibus, Inc. closes $27.5 million public offering for gene-edited productivity traits in rice.

From GlobeNewswire: 2025-06-09 20:22:00

Cibus, Inc. (Nasdaq: CBUS) has closed its public offering of 15,714,285 shares of Class A Common Stock at $1.75 per share, totaling $27.5 million in gross proceeds. The funds will be used for developing weed management traits in Rice and general corporate purposes. A.G.P./Alliance Global Partners served as the placement agent for the offering. This offering is made under an effective shelf registration statement on Form S-3. Cibus focuses on gene-edited productivity traits for large-acreage row crops, aiming to address global economic challenges related to diseases and pests. Forward-looking statements caution investors to rely on current information.



Read more at GlobeNewswire: Cibus, Inc. Announces Closing of $27.5 Million Public