Company: PGEN
Filing Date: 2025-08-19
Form Type: S-3
Source: 0000950103-25-010472
Chunk: 16

Company: PRECIGEN, INC.
Filing Date: 2025-08-19
Form: S-3
Chunk 16
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 should read this prospectus, the applicable
prospectus supplement and the documents that we reference in this prospectus and have filed as exhibits to the registration statement,
of which this prospectus is a part, completely and with the understanding that our actual future results may be materially different from
what we expect. We qualify all of our forward-looking statements by the foregoing cautionary statements.

<div align='center'>7

Use of Proceeds</div>

All shares of our Common Stock and Preferred Stock
offered by this prospectus are being registered for the account of the selling stockholders. We will not receive any of the proceeds from
the sale of these shares.

<div align='center'>8

Description of
Capital Stock</div>

The following description summarizes certain information
about our capital stock. The summary does not purport to be complete and is subject, and qualified in its entirety by reference, to our
Articles of Incorporation, and our Amended and Restated Bylaws (“Bylaws”), each of which is incorporated by reference as an
exhibit to the registration statement of which this prospectus is a part, and the applicable provisions of Virginia law.

General

Our authorized capital stock consists of 700,000,000
shares of Common Stock, no par value per share, and 25,000,000 shares of preferred stock, no par value per share. As of August 8, 2025,
we had 297,972,920 shares of Common Stock outstanding and held of record by approximately 272 shareholders, and 79,000 shares of preferred
stock outstanding and held of record by 5 shareholders. The actual number of shareholders is greater than this number of record holders
and includes shareholders who are beneficial owners but whose shares are held in street name by brokers and other nominees. This number
of holders of record also does not include shareholders whose shares may be held in trust by other entities. All outstanding shares of
Common Stock and preferred stock are fully paid and nonassessable.

Common Stock

Voting rights; Dividends; Liquidation

Holders of our Common Stock are entitled to:

| · | cast one vote for each share on all matters submitted to a vote of our shareholders, including the election of directors. Holders 
 of our Common Stock do not have cumulative voting rights in the election of directors;                                            |

| · | receive dividends if and when dividends are declared by our board of directors out of assets legally available for the payment of 
 dividends, subject to