Cibus postpones initial public offering

Cibus, a leader in advanced plant-breeding technologies, today announced it has postponed plans for an initial public offering.

 

"We elected to postpone our offering given current market and technical conditions," said Peter Beetham, Co-Founder and Chief Executive Officer. "We look forward to introducing our leading technology in non-transgenic gene editing to the market in the future as we continue to execute our commercial growth plan and strategy to introduce non-transgenic traits to the world's most essential crops."

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.