Precigen raises ~$31.4M net in underwritten public offering of 35.3M shares at $0.85

PRECIGEN, INC.

Precigen entered into underwriting agreement with Stifel for offering of 35,294,118 shares at $0.85/share.
Underwriters have 30-day option for up to 5,294,117 additional shares; 4,584,821 shares exercised.
Net proceeds approximately $31.4 million after underwriting discounts and estimated expenses.
Offering made under shelf registration statement declared effective January 17, 2024.

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