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jbbookz

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jbbookz

Re: None

Wednesday, 09/03/2025 9:48:43 AM

Wednesday, September 03, 2025 9:48:43 AM

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Precigen (PGEN) said Wednesday that it has signed a two-tranche credit facility deal of up to $125 million with investment funds managed by Pharmakon Advisors.The first tranche of $100 million was funded at closing. A second tranche of $25 million can be drawn at Precigen's discretion through March 31, 2027, subject to certain conditions. Briefing says non-dilutive financing.
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