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Precigen Announces $79.0 Million Private Placement Offering of Convertible Preferred Stock - PressReach

Summary by pressreach.com
GERMANTOWN, 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 the private…
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