On January 27, 2023 Precigen, Inc. (Nasdaq: PGEN) reported the closing of its previously announced underwritten public offering of common stock (Press release, Precigen, JAN 27, 2023, View Source [SID1234626623]). Precigen sold 42,857,143 shares of its common stock at a public offering price of $1.75 per share. Gross proceeds to Precigen from the offering were approximately $75.0 million before deducting the underwriting discount and other offering expenses payable by Precigen.
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J.P. Morgan Securities LLC acted as the lead book-running manager for the offering. Cantor Fitzgerald & Co. also acted as book-running manager. JMP Securities, a Citizens Company, acted as lead manager and H.C. Wainwright & Co., LLC acted as co-manager for the offering.
The public offering was made pursuant to a shelf registration statement on Form S-3 that was previously filed with the Securities and Exchange Commission (SEC) and became effective on July 2, 2020. A final prospectus supplement relating to and describing the terms of the offering has been filed with the SEC and is available on the website of the SEC at www.sec.gov. Copies of the final prospectus supplement and accompanying base prospectus relating to the offering may also be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-866-803-9204, or by emailing at [email protected].
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.