Precigen Inc. (PGEN) Announces $79M Placement of Convertible Preferred Stock
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Precigen Announces $79.0 Million Private Placement Offering of Convertible Preferred Stock
December 27, 2024 9:00 AM ESTGERMANTOWN, Md., Dec. 27, 2024 /PRNewswire/ -- Precigen, Inc. (Nasdaq: PGEN), a biopharmaceutical company specializing in the development of innovative gene and cell therapies to improve the lives of patients, today announced that it has entered into a securities purchase agreement for the sale of its 8.00% Series A Convertible Perpetual Preferred Stock (Preferred Stock) in a private placement. Precigen anticipates gross proceeds from... More
