Cibus Inc. has announced the approval and adoption of its 2025 Employee Stock Purchase Plan (ESPP) following the recent annual meeting of stockholders held on May 22, 2025. The plan, which was previously endorsed by the company's Board of Directors, involves the reservation of an initial 326,384 shares of the company's Class A common stock, each with a par value of $0.0001. This initiative allows employees to purchase company stock, with provisions for an annual increase in the number of shares available. Details of the plan's terms and conditions were outlined in a proxy statement filed with the U.S. Securities and Exchange Commission on April 10, 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.