PGEN
Precigen, Inc.3.8700
+0.0600+1.57%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.37BP/E (TTM)
-Basic EPS (TTM)
-1.42Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
Preferred stock conversion completed
Precigen holders converted 79,000 shares of 8.00% Series A Convertible Perpetual Preferred Stock, valued at $79,000,000, into 54,937,411 common shares on September 15, 2025, with delivery on September 17. This exchange, exempt under Section 3(a)(9) of the Securities Act, simplifies the capital structure by eliminating preferred obligations. No cash changed hands. Yet dilution hits common shareholders hard.
8-K
Precigen announces $125M non-dilutive financing to bolster commercialization of PAPZIMEOS and support international expansion.
Precigen, Inc. has secured a $125 million non-dilutive financing facility from investment funds managed by Pharmakon Advisors, LP. The first tranche of $100 million was funded at closing, with an additional $25 million available at Precigen's discretion through June 29, 2027. This financing strengthens the company's balance sheet to support the commercialization of PAPZIMEOS for recurrent respiratory papillomatosis (RRP) in the US, expansion into international markets, and pursuit of pediatric and other HPV-related indications. The facility matures in five years with interest at 6.50% plus three-month SOFR (floor of 3.75%). Evercore advised Precigen, and Davis Polk & Wardwell LLP served as legal counsel.
8-K
Precigen signs Catalent supply deal
Precigen inked a three-year supply deal with Catalent on August 13, 2025, locking in exclusive external fill-and-finish for its PRGN-2012 gene therapy product across the U.S. and select territories. The pact mandates minimum batch purchases yearly, with prices rising annually to match costs like labor and utilities. This secures manufacturing capacity while binding Precigen to commitments. Risks lurk in potential breaches or regulatory snags.