Precigen Entered Into A Credit Facility Agreement With Pharmakon Advisors For Up $125M In Non-Dilutive Funding
Author: Benzinga Newsdesk | September 03, 2025 06:05am
The credit facility provides Precigen with up to $125 million committed across two tranches, subject to the terms and conditions of the agreement:
- 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.
Posted In: PGEN