Brief: Precigen Reported On Ruling Of Arbitration Panel In Pending Arbitration Matter Involving Co, Investors In Intrexon Energy Partners

Precigen

13/07/2022 21:24

July 13 (Reuters) - Precigen Inc  PGEN.O :
    * PRECIGEN - ON JULY 13, CO REPORTED ON RULING OF
ARBITRATION
PANEL IN PENDING ARBITRATION MATTER INVOLVING CO, INVESTORS IN
INTREXON ENERGY PARTNERS
    * PRECIGEN INC -  COMPANY WILL ACQUIRE THE MEMBERSHIP
INTERESTS OF
THE INVESTORS FOR AN AGGREGATE AMOUNT OF APPROXIMATELY $7
MILLION
    * PRECIGEN INC - COMPANY INTENDS TO PAY AMOUNT IN CASH

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