Brief: CibusTo Finance To Continue Operations Under Current Business Plan Over Next 12 Months

Cibus

12/12/2023 12:29

Dec 12 (Reuters) - Cibus Inc  CBUS.O :
    * CIBUS:TO FINANCE CONTINUED OPERATIONS UNDER CURRENT
BUSINESS
PLAN OVER NEXT 12 MONTHS, WILL NEED TO RAISE ADDITIONAL CAPITAL
    * CIBUS- IN LIGHT OF FOREGOING NEEDS, CONSTRAINTS ON CAPITAL
RESOURCES, BOARD IS EVALUATING FULL RANGE OF STRATEGIC
ALTERNATIVES
    * CIBUS INC SAYS THERE WILL CONTINUE TO BE SUBSTANTIAL DOUBT
ABOUT
ABILITY TO CONTINUE AS GOING CONCERN IN ABSENCE OF ADDITIONAL
FINANCING

Source text for Eikon: [ID: https://bit.ly/4akmmob]
Further company coverage:  CBUS.O 

 ((Reuters.Briefs@thomsonreuters.com;))