Cibus Inc., a prominent agricultural biotechnology company specializing in gene editing technologies for plant traits, has announced plans to issue shares of its Class A common stock in a public offering. The company intends to utilize the net proceeds to further develop its weed management productivity traits in rice and for general corporate purposes. The offering is being managed solely by A.G.P./Alliance Global Partners. Cibus' Chairman, Rory Riggs, has expressed interest in potentially purchasing up to $10 million worth of shares, although this is not a binding commitment. The completion of the offering is subject to market conditions, with no guarantee regarding its terms or size.
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