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Precigen Signs a Credit Facility Agreement Worth $125 Million to Support PAPZIMEOS

Precigen, Inc. (NASDAQ:PGEN) is one of the 12 Best NASDAQ Penny Stocks to Buy According to Hedge Funds. On September 3, Precigen, Inc. (NASDAQ:PGEN) announced that it signed a credit facility agreement with total funds of up to 125million.PrecigenenteredintoacreditfacilityagreementwithinvestmentfundsmanagedbyPharmakonAdvisors.ThecreditfacilitywillallowPrecigentoreceiveupto125 million. Precigen entered into a credit facility agreement with investment funds managed by Pharmakon Advisors. The credit facility will allow Precigen to receive up to 125 million in two tranches, subject to the conditions of the agreement. According to the agreement, the fi ...