04:27 PM EDT, 03/25/2026 (MT Newswires) -- Cibus ( CBUS ) said late Wednesday that it plans a public offering of Class A common stock and pre-funded warrants for select investors.

Underwriters have a 30-day option to purchase up to an additional 15% of the shares on the same terms, the company said.

Cibus ( CBUS ) plans to use the proceeds for working capital, general corporate purposes, and further development of weed management traits in rice.

Shares of the company fell 25% in after-hours trading.