Cibus Files Registration Statement for Proposed Initial Public Offering

Cibus Ltd., a leader in advanced plant-breeding technologies, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of shares of Cibus common stock. The number of shares to be offered and the price range for the offering have not yet been determined. Cibus intends to list its common stock on the Nasdaq Global Market under the trading symbol “CBUS.”

Morgan Stanley and BofA Merrill Lynch are acting as joint book-running managers for the proposed offering, and Piper Jaffray is acting as a passive book-running manager.

This proposed offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014 and BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, Third Floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, or by email at [email protected].

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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