Precigen commences $75M underwritten public offering of shares

Jan. 24, 2023 4:12 PM ETPrecigen, Inc. (PGEN)By: Mary Christine Joy, SA News Editor2 Comments

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  • Precigen (NASDAQ:PGEN) commenced a $75M underwritten public offering of shares.
  • Shares slumped 14% in after-hours trading.
  • The biopharmaceutical company also intends to grant the underwriters a 30-day option to purchase up to an additional $11.25M shares.
  • Precigen will sell all the shares in the offering.
  • Source: Press Release

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