Cibus, Inc. Files 8-K on Operations and Events

TL;DR

Cibus (formerly Calyxt) filed an 8-K on March 8th. Check it for operational updates.

AI Summary

Cibus, Inc. filed an 8-K on March 8, 2024, reporting on its results of operations and other events. The company, formerly known as Calyxt, Inc., is incorporated in Delaware and headquartered in San Diego, California.

Why It Matters

This filing provides an update on Cibus, Inc.'s operational and financial status, which is crucial for investors to assess the company's performance and future prospects.

Risk Assessment

Risk Level: low — This is a routine 8-K filing reporting on operational results and other events, not indicating any immediate significant risks.

Key Players & Entities

• Cibus, Inc. (company) — Registrant
• Calyxt, Inc. (company) — Former company name
• March 8, 2024 (date) — Date of report
• Delaware (jurisdiction) — State of incorporation
• San Diego, CA (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.0001 — which registered Class A Common Stock, $0.0001 par value per share CBUS The Nasdaq
• $150.4 million — le assets were impaired by an estimated $150.4 million and an estimated $99.0 million, respect
• $99.0 m — timated $150.4 million and an estimated $99.0 million, respectively, for the year ended
• $249.4 million — nt charge of an estimated approximately $249.4 million for impairment of goodwill and in-proce

Filing Documents

• d808151d8k.htm (8-K) — 29KB
• 0001193125-24-063755.txt ( ) — 146KB
• cbus-20240308.xsd (EX-101.SCH) — 3KB
• cbus-20240308_lab.xml (EX-101.LAB) — 17KB
• cbus-20240308_pre.xml (EX-101.PRE) — 11KB
• d808151d8k_htm.xml (XML) — 3KB

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains "forward-looking statements" within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact included herein, including statements regarding Cibus' operational and financial performance are forward-looking statements. Forward-looking statements may be identified by words such as "estimates," "expect," "could," and "will," or the negative of these and similar expressions. These forward-looking statements are based on the current expectations and assumptions of Cibus' management about future events, which are based on currently available information. These forward-looking statements are subject to numerous risks and uncertainties, many of which are difficult to predict and beyond the control of Cibus. Cibus' actual results could be materially different than those expressed, implied, or anticipated by forward-looking statements due to a variety of factors, including, but not limited to the completion of Cibus' closing procedures with respect to its annual financial statements and the completion of the audit by Cibus' independent registered public accounting firm of such financial statements; and other important factors discussed in "Risk Factors of Cibus, Inc." filed as Exhibit 99.3 with Cibus' Current Report on Form 8-K, which was filed with the Securities and Exchange Commission (the "SEC") on June 1, 2023, as updated by the supplemental risk factors included in the Company's Current Reports on Form 8-K filed on October 18, 2023, and December 12, 2023, each as may be updated by any additional "Risk Factors" identified in Cibus' subsequent reports on Forms 10-Q and 8-K filed with the SEC. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-l

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Cibus, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 8, 2024 CIBUS, INC. By: /s/ Rory Riggs Name: Rory Riggs Title: Chief Executive Officer and Chairman

View Full Filing

View this 8-K filing on SEC EDGAR