Cibus completes $22.6 million registered direct offering of Common Stock, pre-funded warrants, and accompanying Common Warrants
Client(s) Cibus, Inc.
Jones Day represented Cibus, Inc. in connection with its registered direct offering of 4,340,000 shares of its Class A Common Stock accompanying Common Warrants to purchase an aggregate of 4,340,000 shares of its Class A Common Stock and pre-funded warrants to purchase 4,700,000 shares of Class A Common Stock and accompanying Common Warrants to purchase up to an aggregate of 4,700,000 shares of its Class A Common Stock for an aggregate purchase price of approximately $22.6 million.
Cibus, Inc. (NASDAQ: CBUS) is a leading agricultural biotechnology company that uses proprietary gene editing technologies to develop plant traits (or specific genetic characteristics) in seeds.