BRIEF-Precigen On Dec 18, Entered Into Asset Acquisition Agreement With Innovator 21, LLC

Dec 26 (Reuters) - Precigen Inc PGEN.O:

• PRECIGEN : ON DEC 18, ENTERED INTO ASSET ACQUISITION AGREEMENT WITH INNOVATOR 21, LLC

• PRECIGEN: AGREED TO SELL TO INNOVATOR 21 LLC CERTAIN ASSETS, INCLUDING INTELLECTUAL PROPERTY RIGHTS AND ROYALTY RIGHTS, RELATED TO FCX-007

• PRECIGEN : RECEIVED CASH PAYMENT OF $8.5 MILLION AT CLOSING OF ASSET SALE, WHICH OCCURRED ON DEC 24

Further company coverage: PGEN.O

((Reuters.Briefs@thomsonreuters.com;))