Press release
Investigation announced for Investors who lost money with shares of Cibus, Inc. (NASDAQ: CBUS)
An investigation for investors in Cibus, Inc. (NASDAQ: CBUS) shares over potential securities laws violations by Cibus, Inc.
Investors who purchased shares of Cibus, Inc. (NASDAQ: CBUS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Cibus, Inc. (NASDAQ: CBUS) concerning whether a series of statements by Cibus, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
San Diego, CA based Cibus, Inc., a agricultural biotechnology company, develops and licenses plant traits to seed companies for royalties.
On June 4, 2024, Bonitas Research issued a short report and raised significant concerns regarding Cibus, Inc. and its operations, alleging that insiders benefited from inflated stock valuations post-reverse merger in 2023, thereby necessitating a thorough investigation into the discrepancy between the actual value of intangible assets and the stock prices paid to insiders.
Shares of Cibus, Inc. (NASDAQ: CBUS) declined from $23.18 per share on March 26, 2024, to as low as $8.90 per share on June 25, 2024.
Those who purchased shares of Cibus, Inc. (NASDAQ: CBUS) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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